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Why is education considered a resource?
Resources are means. Education if it is a means to good life then its a resource. It can be capitalized. One may like or not like it, education in (so called) knowledge economy has the same place as 'was' that of land in agrarian economy or actual capital in industrial economy.
What was the economy like during Industrial Revolution with regards to capitalism?
good or bad
What is the definition of a capital good and how does it differ from other types of goods in an economy?
A capital good is a type of good that is used by businesses to produce other goods or services. It differs from other types of goods in an economy because it is not directly consumed by individuals, but rather used to facilitate production. Capital goods are considered long-term investments that help increase productivity and efficiency in the economy.
Why was the economy of New England commercial and industrial instead of agricultural?
Only a small part of the land was good for farming.
Why was the economy of new england comercial and industrial instead of agricultural?
only a small part of the land was good for farming
How Goods Services are produced?
goods and services in a market economy should be produced by labor. capital is needed so that physical products are produced by labor. capital tends to make labor more productive. in order to makes products land is needed to create for labor. labor is used to create capital on land to produce wealth.
The part of Italy that has a strong economy and major industrial centers?
it's northern region because of good warriors and health
What type of economy does Malaysia?
By all measures, the economy of Malaysia is transforming itself into one of leading ones in southeast Asia. Malaysia's exports in energy products has helped it to obtain capital to create more hi tech industries. It has a good food supply and its primary basis in services and commodity exports helps to fuel the economy. It appears to become a major economic leader in this part of the world.
What is a good sentence with the word industrial?
The town was industrialAddition:The industrial revolution was the cause of many benefits, for example the increase in the standard of living, but at the same time it also caused poor working conditions and the exploitation of the average labourer.
Is a bulldozer a capital good or a consumer good?
Capital good
Why is Nashville a good location for the capital of Tennessee?
Nashville is centrally located in Tennessee. It has excellent roads with Interstates I-24, I-40 and I-65. It has a good economy. It is a fun and safe city to visit or live.
What are three reasons why the Industrial Revolution began in England?
English business people had plenty of capital to invest.England had many of the raw materials needed for industrialization.England's colonies provided markets for manufactured goods.
