Answered

What are resources (in the context of economics)?

In economics, resources are inputs or factors of production that businesses and individuals use to create goods and services.

What resources does your family use regularly?



Answer :

GinnyAnswer

Final answer:

Resources in economics are vital inputs for producing goods and services, including land, labor, capital, and entrepreneurs.


Explanation:

Resources in economics refer to the inputs or factors of production used to create goods and services. The main factors of production include land, labor, capital, and entrepreneurs. These resources are essential for the economy to produce desired items.


Learn more about Economics here:

https://brainly.com/question/14787713


Other Questions