Video Transcript
Which of the following is an
example of capital resource? Is it (A) a car, (B) petroleum,
(C) a hairstylist, or (D) a forest?
Remember, we classify resources
according to their present form. Specifically, capital resources
are goods that have been produced by humans. We know that petroleum,
sometimes known as crude oil and extracted from the ground, and forests are
natural resources since they exist in nature. A hairstylist is also not an
example of capital resource. In fact, that’s an example of
human resource, a human who provides a service, in this case cutting your
hair.
So that leaves option (A). In fact, we do know that cars
are produced by humans, so this is an example of capital resource. The correct answer is option
(A). This is an example of capital
resource.
