Which of the following is an economic resource?
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Economic resources are of four main types: labor, land (natural resources), real capital (machines, factories, buildings, etc.,) and entrepreneurs. Economic resources are also called factors of production or inputs in the productive process.
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Economic resources are the scarce resources which help in the production of goods and services. Air, water, and sunlight are not the economic resources. ... The example of economic resources are land, labour, capital.
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