which of the following is an example of land capital would be_______
small business
hardware
oil
doctor
Hardware
The correct example of land capital from the options provided would be "oil."
To determine which of the following options is an example of land capital, let's first understand what land capital means. Land capital refers to the physical resources of land that can be utilized for economic purposes. It is one of the four factors of production, along with labor, capital, and entrepreneurship.
Out of the options provided, the example of land capital would be "oil." Oil is a natural resource found beneath the Earth's surface, and it is extracted and utilized for various economic activities such as energy production, fuel, manufacturing, and transportation.
To arrive at this conclusion, I analyzed the options and identified the one that represents a physical resource derived from land. While small business, hardware, and doctor are associated with economic activities, they are not directly related to land.