What Are the Four Basic Resources Supplied by Households

question 96

Multiple Choice

What are the four basic resources supplied by households?  

• A) natural resources, labour, intelligence, and capital 
• B) money, labour, natural resources, and entrepreneurial ability 
• C) intellectual ability, physical ability, money, and natural resources 
• D) labour, capital, natural resources, and entrepreneurial ability

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Definitions:

Day-To-Day Operations

The regular, routine functions and activities required to manage and run an organization or a project.

Life Expectancy

The average period that a person or organism is expected to live based on statistical averages.

Team Effectiveness

The degree to which a team achieves its goals, operates efficiently, and satisfies its members.

Process Control

A method of monitoring and adjusting processes and systems to maintain desired outputs or performance levels.