Podcast
Questions and Answers
What are human resources also referred to as?
What are human resources also referred to as?
- Capital resources
- Natural resources
- Financial resources
- Labor (correct)
Which of the following is an example of a natural resource?
Which of the following is an example of a natural resource?
- Water (correct)
- Truck
- Factory
- Website designer
What is capital in the context of economic resources?
What is capital in the context of economic resources?
- Money invested into a business (correct)
- Suppliers, manufacturers, and buyers
- Harvested resources from the 'natural' world
- People who work to create goods and services
Which term refers to the idea that industries and businesses can rely on each other to help generate revenue?
Which term refers to the idea that industries and businesses can rely on each other to help generate revenue?
What happens when there is a shortage of economic resources for a business?
What happens when there is a shortage of economic resources for a business?
Which type of economic resource is said to be running out?
Which type of economic resource is said to be running out?
What do economic systems deal with in society?
What do economic systems deal with in society?
Flashcards
Human Resources
Human Resources
Another term for the people working within a company.
Natural Resource
Natural Resource
A naturally occurring material used in production, such as water or trees.
Capital (Economic Resource)
Capital (Economic Resource)
Money or assets invested in a business to generate revenue.
Interdependence
Interdependence
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Resource Scarcity
Resource Scarcity
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Oil Reserves
Oil Reserves
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Economic System
Economic System
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