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How are capital resources different from other resources of production and -natural and human resources?
how are capital resources different from the other resources of production natural and human resources
How are capital resources different from other resources of production natural and human resources?
how are capital resources different from the other resources of production natural and human resources
What does the word hydroelectic mean?
the word hydroelectric means relating to or used in the production of electricity by waterpower
Do economic resources include both production and the factors of production?
Yes, the means of production, and the system that supports it, are all resources.
What is the base word for capitalism?
The base word for "capitalism" is "capital." Capital refers to the financial assets or resources that can be used for investment and production. In the context of capitalism, it denotes the means of production and wealth that drive economic activity and enterprise.
What does the greek word glotta mean?
it means "having to do with language or the production of language"
When the production possibilities curve is bowed out resources are?
Resources are not perfectly shiftable between production of the two goods.
What the word agriculture mean?
it's the production of food and goods through farming and forestry
Economics is about the allocation of resources for the production and distribution of goods?
Economics is about the allocation of resources for the production and distribution of goods and ___________.
What is another word for enterprise?
The word 'economy' is a noun as a word for the wealth and resources of a country or region, including the production and consumption of goods and services; a word for careful management of available resources, especially money.The noun 'economy' is a common, abstract noun.The word 'economy' is also an adjective.
Importance of production planning?
Production planning ensures that the business has the resources needed to carry out production. If the business doesn't have the resources it needs then the facilities will experience a stoppage.
What does efficiency mean in economics?
In economics, efficiency means the overall use of resources. The overall use of resources can help maximize the production of the goods. In turn, the potential to make more money is there.
