Natural Resources and Capital Quiz
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Questions and Answers

What does human capital refer to?

  • The natural resources of a country
  • The skills and knowledge of people (correct)
  • The technological advancements in a country
  • The physical infrastructure of a country

    • Which of the following is an example of physical capital?

  • Minerals and infrastructure
  • Entrepreneurial skills
  • Machines and buildings (correct)
  • Land and water

    • What is entrepreneurship primarily focused on?

  • Utilizing natural resources
  • Advances in technology
  • Improving skills and knowledge
  • Starting and running businesses (correct)

    • Which factor contributes to making processes faster and more effective?

    <p>Technological development</p> Signup and view all the answers

    What can countries with abundant natural resources use them for?

    <p>Economic activities like agriculture or mining</p> Signup and view all the answers

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