Respuesta :

Capital resources are goods produced and used to make other goods and services. Basic categories of capital resources include tools, equipment, buildings, and machinery. So, in this case, a LOOM is the correct answer.

The correct answer is option (2.)

Loom is an example of a capital resource.  

Further explanation:

Capital Resources:

Capital resources are those goods or resources which are used to making other products or goods. Some of the examples of capital resources are tools, buildings, equipment and machinery which are used to making other products.

Justification for the correct and incorrect answer:

1.

Coal: This option is incorrect.  

Coal is not a people made product, it cannot be used for making products or services. Capital resources are those resources which are used to make other products or goods.

2.

Loom: This option is correct.

A loom is an equipment that is used for making fabrics. Loom is used to make fabrics or weaving. Loom is a device that is used to making a product so it is a capital resource.

3.

Time: This option is incorrect.

Time is not an example of capital resources as time cannot be used for making any product and capital resources are those products that are used to make other products.

4.

Horse: This option is incorrect.

Horse is not an example of capital resources as it cannot be used for making any product or service and capital resources are those which are used to make other products.

 

Learn more:

1. Legal liability of the business

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3. The sales budget

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Answer details:

Grade: High School

Subject: Economics

Chapter: Capital Resources

Keywords: which of the, following, is an example, of a capital resource, coal, loom, time, horse, goods, resources, products, equipment.