Question

Caroline invents a device that uses solar energy to charge cell phone batteries. She posts her invention online to raise $2,000 so she can purchase materials to make the first 100 chargers. For which of these is Caroline asking?

Capital
Entrepreneurship
Labor
Land

Answer 1

Caroline is likely asking for capital. Capital is defined as having anything of which enhances the person’s power in regards to performing economically in a useful or productive work. It is also referred to as a financial value and tangible factors in producing machinery or equipment.