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Man-made goods used in the production of more goods and services are known as?
Wiki User
∙ 11y ago
capital resources
Wiki User
∙ 11y ago
Wiki User
∙ 13y agocapitol resources
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What are the production distribution and consumption of goods and services?
An economy is a system for producing goods and services.
What is known as imports and exports?
Imports are goods or services brought into a country from another. Exports are goods and services sold to other countries.
What is social capital in economics terms?
Economists speak of the different types of resources that can be utilized in the production of a good or service. These resources also known as factors of production can be put into four broad categories these are land, labor, capital and entrepreneurship. Capital is defined as buildings, equipment, and other assets that assist in the production of goods or services.Economists classify capital in terms of physical capital, human capital, and social capital. Physical capital consists of tangible items used to produce goods and services. Human capital consists of the education and training of the individuals in the production of goods and services. Social capital consists of the social connections, norms of behavior and trust between individuals that assists in the production of goods and services.
What Household spending on goods and services known as?
consumption spending
The geographic principle under which particular peoples and particular places concentrate on the production of particular goods is known as?
The geographic principle under which particular peoples and particular places concentrate on the production of particular goods is known as local functional specialization.
The application of scientific discoveries to the production of goods and services is known as?
it is known as technology
What are the production distribution and consumption of goods and services?
An economy is a system for producing goods and services.
System for producing good and services?
A system for producing goods and services is known as a production system. Goods are produced from raw materials, and services are activities performed.
Is the field of management that specializes in the physical production of goods or services according to your textbook?
Yes, the field that specializes in the physical production of goods or services is known as operations management. It involves overseeing the design, planning, control, and improvement of production processes to ensure efficiency and quality in delivering products or services to customers.
What are ohio's goods and services?
they are known for there tomatos as goods
What is known as the efficient production of large numbers of identical goods?
Mass production.
What is known as imports and exports?
Imports are goods or services brought into a country from another. Exports are goods and services sold to other countries.
What is social capital in economics terms?
Economists speak of the different types of resources that can be utilized in the production of a good or service. These resources also known as factors of production can be put into four broad categories these are land, labor, capital and entrepreneurship. Capital is defined as buildings, equipment, and other assets that assist in the production of goods or services.Economists classify capital in terms of physical capital, human capital, and social capital. Physical capital consists of tangible items used to produce goods and services. Human capital consists of the education and training of the individuals in the production of goods and services. Social capital consists of the social connections, norms of behavior and trust between individuals that assists in the production of goods and services.
What Household spending on goods and services known as?
consumption spending
What is distributing goods and services in a fixed manner known as?
Rationing
The geographic principle under which particular peoples and particular places concentrate on the production of particular goods is known as?
The geographic principle under which particular peoples and particular places concentrate on the production of particular goods is known as local functional specialization.
Systems for moving goods or services from producers to customers are known as?
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