What are the three types of any economic resources?

Question

chandraketu tripathi · Answer

The factors of production or economic resources majorly comprise of Natural,Human and Capital resources used for creating new products/things to fulfill demands.

Also, we can say economic resources consists of labor,land,capital and entrepreneurship as factors for creating the products and fulfilling the needs.

Tomasz L · Answer

There are three basic resources: land, labor and capital.

Ahmed Lotfi Ahmed Khalaf · Answer

I do agree with Mr. Tripathi, the three types are commonly known as Human, Natural and Capital resources. Where HR refers to Labor, NR refers to whatever not created by human e.g. gas, sun, water, etc., and CR refers to money.

Ahmed Taha · Answer

they are not just theree, and for what kind of oganization we talking about, and what kind of service and product. thanks for the invitation

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What are the three types of any economic resources?

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