What is the definition of capital (one of the productive resources)? a) the people that provide services b) the equipment needed to produce goods c) the goods and services a business produces d) the labor needed to produce goods or services

The correct answer is b) The equipment needed to produce goods

Explanation:

While capital is usually refereed to as money that is required for investment, in terms of productive resources itself, capital is defined as all the machinery, tools and equipment which are used to make a product.

For example, in a textile factory, this can include automatic stitching machines or even boilers that power these machines.

Labor itself is NOT part of capital and is considered a separate resource. In the case of a textile factor, the labor will work with the capital to produce a good.

hello there!

the graphics that you have attached within the question, indicates that few people in bolivia work in industry according to its labor force.

however, the graphic that is on the right side of the picture shows the gdp sector in bolivia. this gross domestic product is a macroeconomic magnitude   that shows the monetary value of all finished goods and services within a country's borders in a specific time period. in this case, the graphic is showing the monetary value in each sector -agriculture, industry and services- of bolivia in 2012.

so, although the first graphic located at the left side indicates that not so many people work in industry, this is the second most important sector according to the gdp metrics because of the monetary value that impacts on its country. it does not need to be the most valuable one. if it makes an impact on the country's economy, it will be definitely crucial to it.

that is probably something for you to answer