Which of the four resources of production does an economist consider wheat to be?

Social Studies

1 answer:

galina1969 [7]3 years ago

8 0

Wheat will be considered as Capital.

Explanation:

There are four agreed upon types of economic resources according tot he economists in the world.

These include land labor capital and entrepreneurship or human capital or human capacity.

Wheat is a commodity that can be sold for profit and thus it can be considered as under the Capital part as it is valued in money and provides capital resource to whoever owns it.

This is the basic embarkation of the capital resource.

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