Labor Resource-City Population vs Financial-Natural Resources
Question:
Which of the following is an example of a labor resource?
A. Money available to be invested in a company
B. Water held in a reservoir
C. A city’s population
D. Electricity produced by a nearby power plant
Answer Description
The correct answer is C. A city’s population.
Explanation: A labor resource refers to human resources, which include the people who provide their labor, skills, and expertise to produce goods and services. In this context:
A. Money available to be invested in a company – This is a financial resource, not a labor resource.
B. Water held in a reservoir – This is a natural resource, not a labor resource.
C. A city’s population – This represents the human labor available, making it a labor resource.
D. Electricity produced by a nearby power plant – This is an energy resource, not a labor resource.
The city’s population represents the human workforce that can be utilized for various tasks and jobs, thus qualifying as a labor resource.
- Reasons for Division and Backwardness in Indian Society
- Why the 1857 Revolt is Called the First War of Independence
- Appendicular Skeleton and Muscle System
- Why Education Was Put Under State Control After Independence
- Opposition Parties in Nagaland and Last State Elections
- How do sea anemones survive without blood
- Public Places with Equal Access for All Citizens
- Understanding Apartheid and the Treatment of Blacks in South
- How Democracy Resolves Conflicts and Differences in a Country
- Where Are the Metacarpals Located in the Human Body
- Stalinist Era Why Party Members Faced Conspiracy Charges
- Which bone does not belong to the appendicular skeleton
- The term used when an organism becomes inactive during winter
- Why Scientists Replicate Results Not Just to Find Mistakes
- Incomplete Dominance in Genetic Inheritance
