Capital Resources -Economics

Capital resources are the produced goods to make other goods. Is this correct?

• Yes, it is.

• No, it isn't.

Capital resources depreciate or decline in value over time.

Is this true?

• Yes, it is.

• No, it isn't.

A productive capital is....

• a capital used in producing other goods.

• a capital that is used repeatedly for a long period of time.

• a capital used for a specific purpose.

• a capital which can be used only once.

Mrs. Ma. Na N. Hie is a dressmaker. She was asked by Mrs. P. Gawa to make her a nice long dress for her wedding anniversary. The dressmaker uses the following:

-cloth

-buttons

-sewing machine

-thread

Which among the following are circulating capitals?

• cloth

• buttons

• sewing machine

• thread

A special capital is a capital used for a specific purpose.

Which among the following is the BEST example of a special capital?

• school

• pier

• street

• mall

If a person has a low income, it can become challenging for the person to save.

• Yes, that is right.

• No, that is incorrect.

The effective use of resources to produce goods and services.

• time management

• costing

• productivity

• budgeting

The spending on capital goods to produce more goods and services.

• production

• investment

• saving

• consumption

Income not spent for consumption is called:

• savings

• investment

• capital

• money

• piggy bank

Some capital goods depreciate in value when new technology emerges.

• Ah, yes po.

• Ay, no po.

• Uhm, ewan ko po.