Living resources of Europe are ___________________.
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Manpower
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Soil and agricultural
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Livestock
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All of the above
Reveal answer
Fill a bubble to check yourself
D
Correct answer
Explanation
There are various ways in which resources, factors and inputs are classified. Inputs are divided as primary and intermediate. Resources are generally divided into two categories as natural and human. Capital is divided into three categories as natural, physical and human. Factors are divided into four categories as land, labour, capital and entrepreneurship. At times, organisation is added, separating out from entrepreneurship, as the fifth factor. At times, technology is also separately mentioned as factor/resource.
There are bold people who consider money as a resource! They search words beginning with M. So, manpower, management, money, method, machine, etc etc become factors/resources/inputs for them but generally they are management people, not from economics.