Which term refers to the people who work to produce goods and services?

Study for the Grade 9 Social Studies PAT. Engage with flashcards and multiple choice questions, each question includes hints and explanations. Prepare thoroughly for your exam!

Multiple Choice

Which term refers to the people who work to produce goods and services?

Explanation:
The concept being tested is the part of production that refers to the people who work to turn inputs into goods and services. The term for that is human resources. It captures all the workforce—the labor, skills, and knowledge that people contribute to making products and delivering services. Without human effort, machines and natural materials wouldn’t become finished goods. Capital resources are the tools, equipment, and money used in production; natural resources are raw materials drawn from nature; land resources refer to the land itself and the natural resources found on or in it. These others describe things used in production, not the people doing the work, so they don’t fit as well as human resources.

The concept being tested is the part of production that refers to the people who work to turn inputs into goods and services. The term for that is human resources. It captures all the workforce—the labor, skills, and knowledge that people contribute to making products and delivering services. Without human effort, machines and natural materials wouldn’t become finished goods.

Capital resources are the tools, equipment, and money used in production; natural resources are raw materials drawn from nature; land resources refer to the land itself and the natural resources found on or in it. These others describe things used in production, not the people doing the work, so they don’t fit as well as human resources.

Subscribe

Get the latest from Passetra

You can unsubscribe at any time. Read our privacy policy