Question:

Economics- How to explain "capital resources" one sentence?

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As if you're saying it to someone who has never done economics before, a way of explaining that will deliver the info concisely and clearly deliver the accurate meaning of capital resources? Can be 2 sentences maximum.

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  1. Any asset (usually money) used in the production of products and/or services.


  2. Capital resources are resources used in a production process that were previously produced -- as contrasted with labor (the human input) and raw materials(resources used more or less in their natural state).  So capital is something we produce that is designed to be reused in a production process (examples are buildings, equipment and so forth).

  3. Those productive resources attained to depreciation.

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