Which one of the following is a Stock Resource/factor of production?
Show Hint
- Labour
- Working Capital
- Entrepreneurship
- Land
The Correct Option is D
Solution and Explanation
Stock Resource: Quantified at a specific point in time. Land exemplifies a stock resource as its existence is independent of time and it is not depleted through use like labor or capital.
Flow Resource: Measured over a period. Labor (hours worked), working capital (utilized over time), and entrepreneurship (managerial effort over a duration) are examples of flow resources. Thus, only land constitutes a stock resource among the provided options.
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