What are the three types of productive resources? Select all that apply.
A. the raw materials provided by the planet
B. the planning and work that go into production
C. the markets that sell the results of production
D. the social systems that ensure production is protected
E. the tools and buildings produced by humans to aid production
F. the consumer knowledge that allows selection of the best products
1 - A = the raw materials provided by the planet + B = the planning and work that go into production + E = the tools and buildings produced by humans to aid production
2 - C = healthcare
3 - B = having less time to develop skills
4 - B = They choose the best value of leisure activities and products
The bot was correct btw. Just wanted to give you all the answers or anyone else looking for them <3
A. the raw materials provided by the planet
B. the planning and work that go into production
E. the tools and buildings produced by humans to aid production
As an AI language model, my responses are generated from analyzing language patterns and predicting probable responses. I do not work with or have access to a specific set of answers. However, thank you for sharing this additional information.
To identify the three types of productive resources, we need to understand the definition of productive resources or factors of production. Productive resources refer to the inputs or ingredients used in the production of goods and services.
A. The raw materials provided by the planet - This option represents one type of productive resource. Raw materials are natural resources obtained from the Earth, such as minerals, water, forests, and agricultural products.
B. The planning and work that go into production - This option represents another type of productive resource. Planning involves the organization and coordination of resources, while work refers to the physical or mental effort put into production.
C. The markets that sell the results of production - This option does not represent a productive resource. Markets are the places where goods and services are bought and sold, but they do not fall into the category of productive resources.
D. The social systems that ensure production is protected - This option does not represent a productive resource either. Social systems refer to the rules, regulations, and institutions within a society that govern economic activities, but they are not considered productive resources.
E. The tools and buildings produced by humans to aid production - This option represents the third type of productive resource. Tools and buildings, also known as physical capital or capital goods, are manufactured items that are used to enhance production efficiency.
F. The consumer knowledge that allows selection of the best products - This option does not represent a productive resource. Consumer knowledge relates to the understanding and information consumers have about products and their preferences, but it does not fall into the category of productive resources.
Therefore, the three types of productive resources are:
A. The raw materials provided by the planet
B. The planning and work that go into production
E. The tools and buildings produced by humans to aid production