Final answer:
Capital resources are man-made items used in the production of goods and services, such as buildings, machinery, and technology. Intellectual creations and financial assets, while important, only serve as capital when used to facilitate production or purchase capital assets. The efficient use of capital often requires the combination with labor and education.
Step-by-step explanation:
Capital resources are man-made items that workers use to produce goods and services. They do not include natural resources like land or labor, but rather focus on the tools, infrastructure, and machinery necessary for production. Some common examples of capital resources are buildings, factories, and machinery, such as tractors on a farm. Additionally, technology, like computer software and innovations in seed varieties, can be considered capital resources because they enable production.
Capital does not consist solely of physical objects. Intellectual property, like the score for a new symphony or business software, also counts as capital due to its productive use in generating goods or services. Financial assets, such as money, stocks, and bonds, while not capital themselves, serve as financial capital that can be used to acquire physical capital assets.
The cooperation of various forms of capital with labor exemplifies the interdependence of production factors. For instance, tractors (physical capital) are ineffective without drivers (labor), and certain kinds of physical capital, like hybrid seeds, are better utilized by educated individuals (human capital).