Capital Resources!

Physical capital refers to tangible tools, machines, and buildings used in the production process. True or False?

• True

• False

Which type of capital resource includes roads, bridges, and electricity grids?

• Human Capital

• Natural Capital

• Infrastructure Capital

• Financial Capital

What does the term 'efficiently' mean?

• Doing something in a way that uses time and energy well.

• To make a process happen without needing a person to do it.

• A list of all the items a store or business has in stock.

• To create something new or to improve something that already exists.

What is 'inventory'?

• Doing something in a way that uses time and energy well.

• To make a process happen without needing a person to do it.

• A list of all the items a store or business has in stock.

• To create something new or to improve something that already exists.

What does the term 'invest' mean?

• Doing something in a way that uses time and energy well.

• To make a process happen without needing a person to do it.

• To put money or time into something with the hope of making a profit or getting a good return.

• A list of all the items a store or business has in stock.

What is an example of technological capital that a restaurant might use?

• A delivery truck

• A chef's knife

• An electronic ordering system

• A table and chairs

What kind of technological capital could you use to make a lemonade stand more efficient?

• Using a credit card reader for "Tap to Pay"

• Hiring more staff to increase production.

• Offering discounts to attract more customers.

• Using organic lemons to improve taste.

Which of the following is an example of technological capital

• Kiosk

• Laptop

• Qr Code

• TV Screen

Investments are an example of

• Infrastructure

• Technological Capital

• Physical Capital

• Monetary Capital

Amazon likes to automate their business operations

• True

• False