You made need more capital or money when building a factory on a plantation then what would be needed if you were starting a household business. This happens because on the plantation you would have to build the factory, as well as hiring a bunch of employees. A household business is much smaller.
a third industry
A factory is considered capital in the factors of production. Capital is any good that was used to create other goods. Since the factory is not a natural resource it can't be land, since it's not the actual workers within the factory it can't be labor, so it has to be capital.
physical capital
A factory opens that mass produces light bulbs.
capital
The men who owned cotton gins and slaves. They usually owned their own plantation or industry factory .
Something is to be manufactured is factory(in factory worker called as Labour), a group of factory is called as industry( in industry workers called as employee).
Capital resource
A factory is one kind if industry location
factory
it is a bum
a third industry
An example of a capital would be a factory, because a factory is used to produce goods such as shoes, computers, ect. And also, a factory is human made.
Features : (i) It is a single crop farming. (ii) It is a capital intensive farming, i.e., a huge amount of capital is required. (iii) It needs vast estates, managerial ability, technical know-how, sophisticated machinery, fertilisers, good transport facilities and a factory for processing.
an industry where the creation of products are factory-based
The kind of industry that a cereal factory is a food processing industry. Major cereal producers include Nestle, Kellogg's, Jordan's and General Mills.
Why does it cost a lot to set up a plantation? exclude the cost of the factoy