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An example of land would be the fields that farmers use to grow goods on or the land the is used to make factories on top of to make other goods and services.
An example of labor would be a hard working teacher that is working really hard so her students can pass the finals easily. Or it can also be a doctor that is trying to cure a patient that other doctors said will die soon, or a patient that is extremely sick.
And finally, an example of a capital would be a factory, because a factory is used to produce other goods such as shoes, computers, etc. and also, a factory is human made.
Another fourth factor of production is Enterprise or Entrepreneurship. It is the person who brings together the other three factors of production. They are the business owners. An example is a shoe store owner. He created this business and opened his own store.
What else can I help you with?
Example of what factor of production?
Land, Labour, Capital and Entrepreneurship are the factors of production. Examples are Land, Labour in the form of employees, Capital like machinery used in different companies and industries are examples of factors of production.
Of the three resources of production (land labor and capital) how does capital most differ from the other two?
Capital differs from land and labor primarily in that it is a man-made resource used to produce goods and services, whereas land and labor are natural resources and human efforts, respectively. Capital includes tools, machinery, and technology that enhance productivity, while land provides raw materials and labor encompasses the workforce. Additionally, capital can be accumulated and invested, allowing for growth and innovation, unlike land and labor, which are more fixed in nature.
What are three market resources?
Land, labor, and capital =)
Chavez said that while capital and labor make the land what it is what really counts is?
labor
Which is the most important factor of production?
land , labor and capital
What are the three factors of prduction?
Land, labor and capital goods
Example of what factor of production?
Land, Labour, Capital and Entrepreneurship are the factors of production. Examples are Land, Labour in the form of employees, Capital like machinery used in different companies and industries are examples of factors of production.
What are four factors of production?
Labour Land Capital Entrepreneurship
Of the three resources of production (land labor and capital) how does capital most differ from the other two?
Capital differs from land and labor primarily in that it is a man-made resource used to produce goods and services, whereas land and labor are natural resources and human efforts, respectively. Capital includes tools, machinery, and technology that enhance productivity, while land provides raw materials and labor encompasses the workforce. Additionally, capital can be accumulated and invested, allowing for growth and innovation, unlike land and labor, which are more fixed in nature.
What are three market resources?
Land, labor, and capital =)
How does land labor and capital work together?
by working
What is three factors of production necessary for industrialization?
land labor& capital
Chavez said that while capital and labor make the land what it is what really counts is?
labor
Chávez said that while capital and labor make the land what it is what really counts is?
labor
Which is the most important factor of production?
land , labor and capital
What are land labor capital and entrepreneurs?
Ze factors of production
Factors of production and its rewards?
land labor capital entrepreneur
