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Why is labor and entrepreneur the most important resources in agricultural production?
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What is a entrepreneur and why are they important to the economy?
An entrepreneur is someone who invents an idea using the country's resources and tries to start a business with the idea. They are important because they develop ideas and improve the country.
How do you illustrate a production possibility frontier?
By using production possibility curve,country is producing both industrial and agricultural product using available resources, technology country operating inside production possibility curve shows the levels underdevelopment, which will be result under utilisation of resources ,poor technology. The country operating outside production possibility curve show the levels of development in economy, however, an economy can produce both industrial and agricultural using the resources available without effecting the production each . A shift from inside to outside it may be result of discovering of new resources, improved technology .
What are facts about production and resources?
the most important fact about production and resources is that farm animals supply us what and what do we eat for our meals during the days that we live
What is the Combining of human capital natural and entrepreneur resources to make goods and services?
An entrepreneur.
4 factors of production?
capital:man-made machines usedentrepreneurship:person that starts a businessland:all natural resources found in the landlabor:all human resources
What is a entrepreneur and why are they important to the economy?
An entrepreneur is someone who invents an idea using the country's resources and tries to start a business with the idea. They are important because they develop ideas and improve the country.
Why is human resources important to the development of industry?
How the opportunity cost can be applied to the production process for the allocation of resources. How the opportunity cost can be applied to the production process for the allocation of resources.
Why in production is principal actor is the enrepreneur?
The entrepreneur is the principal actor in production because they are responsible for creating and implementing the production plan. They are the ones who have the vision the knowledge and the resources to move the production forward. They are the ones who hire the personnel purchase the materials and manage the budget. They are also the ones who take the risk of starting the production and have the potential to reap the rewards of a successful venture. The entrepreneur is responsible for creating and implementing the production plan.They have the vision knowledge and resources to move the production forward.They hire personnel purchase materials and manage the budget.They take the risk of starting the production and have the potential to reap the rewards of a successful venture.
How do you illustrate a production possibility frontier?
By using production possibility curve,country is producing both industrial and agricultural product using available resources, technology country operating inside production possibility curve shows the levels underdevelopment, which will be result under utilisation of resources ,poor technology. The country operating outside production possibility curve show the levels of development in economy, however, an economy can produce both industrial and agricultural using the resources available without effecting the production each . A shift from inside to outside it may be result of discovering of new resources, improved technology .
What are facts about production and resources?
the most important fact about production and resources is that farm animals supply us what and what do we eat for our meals during the days that we live
What is the Combining of human capital natural and entrepreneur resources to make goods and services?
An entrepreneur.
Why you need increase in production of power resources of Pakistan?
An increase in production of power resources of Pakistan because the economy is not good for the good economy we have to increase our energy resources. The population is increasing and it is used vital in agricultural. Domestic and industrial sector broadly.
How bio-intensive gardening fall under the framework of sustainable agriculture?
Sustainable agriculture is the production of crops by exploiting agricultural resources but without sacrificing the future needs for agricultural resources.Bio intensive gardening minimises the use of resources by not wasting it and therefore falls in the framework of sustainable agriculture.
Economic resources in the capitalist system are brought together by..................?
Entrepreneur's.
4 factors of production?
capital:man-made machines usedentrepreneurship:person that starts a businessland:all natural resources found in the landlabor:all human resources
Characteristic of entrepreneur?
An entrepreneur is someone who starts their own business or organization. they develop a business model and acquires resources for success.
What is the definition of agricultural resources?
naive
