Question

Which of these statements defines the term resources?

A.) materials that help you achieve your goals
B.) all the goods and services provided to people
C.) the government's ability to deal with economic problems

Answer 1

The correct answer to that question would be A. Materials that help you acheive goals.

Answer 2

Answer: The answer is A: materials that help you achieve your goals.

Explanation:

Resources are productive factor which make a person or an individual to achieve desired result or outcome. It is also a source from which benefit is generated. The factors of production are the basic resources which are: land, capital, labour and entrepreneurship. These factors of production are what build the economy.