Capital resources in an economy are artificial resources that are used to produce goods and services. Capital resources include machinery, buildings, tools, and any type of equipment that enables an enterprise or individual to produce goods for distribution and sale. Capital resources can also include tractors, tillers, sickles and other agricultural equipment that help farmers harvest. Other capital resources may include forklifts, saws, and even computers or other computerized equipment that can assist workers in their production. Improving and developing capital resources can help businesses increase the rate of production and can help countries’ economies by producing more goods to buy.
Remember: The process of learning a person lasts a lifetime. The value of the same knowledge for different people may be different, it is determined by their individual characteristics and needs. Therefore, knowledge is always needed at any age and position.