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thesehuevos guey
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∙ 12y ago
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What do you call the four resources needed to produce goods and services?
land, labor, capital and entrepreneurship
What is needed to produce goods and services?
Productive resources: Human, Capital, Natural, Management, Entrepreneurs, and Technology
What are resources needed to make goods and services called?
capital
What human resources are needed to produce pizza?
Your hands
What resources are needed to produce goods and services?
production materials
What capital resources are needed by a pro football player?
aaron rodgers'
What are the capital resources needed in nuclear fission?
urm well i dont no
What is capital ecosystem?
Ecosystem Capital is basically the resources that are needed for humans to survive, and be economically active. All of which is provided by the ecosystem.
How does scarcity affect the factors of production?
Scarcity is the non-abundance of resources. Resources are needed to produce. Thus, the more that is produced, the more resources are being used.
Manufactured goods needed to produce other goods and services are called?
Capital Goods.
What are the 3 resources needed to produce iron and steel?
Iron ore, coal, phosphor
Economists say all resources are scarce because?
Four factors are needed to produce wealth. 1) Natural Resources. 2) Labor. 3) Management. 4) Capital. From my observations, there is never a lack of management, but often a surplus of poor management, so economists are probably referring to the other three resources.
