Which of the Following Best Defines Capital as a Factor

question 329

Multiple Choice

Which of the following best defines capital as a factor of production?

• A) the gifts of nature that businesses use to produce goods and services
• B) the knowledge and skills that people obtain from education and use in production of goods and services
• C) financial assets used by businesses
• D) instruments, machines, and buildings used in production

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Definitions:

Benjamin Disraeli

A prominent British politician and writer who served twice as Prime Minister of the United Kingdom, known for his influential role in the Conservative Party and his contributions to the British Empire.

Conservatives

A political ideology favoring the preservation of traditional institutions and values, and cautious about change or innovation.

Modest Means

Referring to a situation or condition where individuals or families possess limited financial resources, often associated with lower income or wealth levels, affecting their standard of living.

Bloody Sunday

Refers to several events in history where unarmed civilians were killed or injured by military or police forces; notable instances include events in Russia (1905) and Northern Ireland (1972).