Answer:
The correct answer is <u>b) The equipment needed to produce goods</u>
Explanation:
While capital is usually refereed to as money that is required for investment, in terms of productive resources itself, capital is defined as all the machinery, tools and equipment which are used to make a product.
For example, in a textile factory, this can include automatic stitching machines or even boilers that power these machines.
Labor itself is NOT part of capital and is considered a separate resource. In the case of a textile factor, the labor will work with the capital to produce a good.
Answer:
McCulloch v. Maryland (1819) is one of the first and most important Supreme Court cases on federal power. In this case, the Supreme Court held that Congress has implied powers derived from those listed in Article I, Section 8. The “Necessary and Proper” Clause gave Congress the power to establish a national bank.
The Space Race was the name given
Answer:
Explanation:
The Soviet Union was a socialist state where the state-owned significant means of production and property. In capitalist countries like the U.S., the property can be private and businesses can be individual. The soviet economy focused on equity of wealth and its balanced distribution among the people.
