Final answer:
Resources such as money, space, equipment, time, and information are assets that contribute to productivity and are vital in producing goods and services. They're known as factors of production, which include land, labor, capital, and entrepreneurship. Capital specifically refers to man-made aids in production such as machinery and tools. The correct answer is option: Resources.
Step-by-step explanation:
Assets that enable productivity like money, space, equipment, time, and information are indeed examples of resources. These factors of production, or productive resources, are the essential components required for creating goods and services. Goods refer to tangible items we consume, while services are intangible benefits provided by someone.
The four primary factors of production are land (or natural resources), labor, capital, and entrepreneurship, with capital being the man-made resources like buildings, machinery, and tools that aid in production. The concept of scarcity highlights that these resources are limited and cannot satisfy the unlimited wants of people, emphasizing the importance of effective resource management.