3 broad categories resources
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Answer:
The three types of economic resources are natural,human and capital resources.
The economists refer to these as factors of production.
Explanation:
NATURAL RESOURCES :Natural resources refer to things found in nature.Sun,air,water,minerals,wood and oil.Anything not created by a human being is a natural resource.
HUMAN RESOURCES : Human resources refer to output of labor applied to natural resources for conservation into goods and/or performance of services.
CAPITAL RESOURCES : Capital resources include all man made resources that can be used in the production of goods or in providing services including machinery and equipment.
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