<P> On the basis of ownership, resources can be classified as individual, community, national, and international . </P> <P> In economics, labour or human resources refers to the human effort in production of goods and rendering of services . Human resources can be defined in terms of skills, energy, talent, abilities, or knowledge . </P> <P> In a project management context, human resources are those employees responsible for undertaking the activities defined in the project plan . </P> <P> In social studies, capital refers to already - produced durable goods used in production of goods or services . In essence, capital refers to human - made resources created using knowledge and expertise based on utility or perceived value . Common examples of capital include buildings, machinery, railways, roads, and ships . As resources, capital goods may or may not be significantly consumed, though they may depreciate in the production process and they are typically of limited capacity or unavailable for use by others . </P>

What does natural resources mean in social studies