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How did the factors of production help European governments to establish industry?
How did the factors of production help european governments to establish industry?
Which of these fourth factors of production is considered the knowledge cultural values and ideas that help the economy grow?
social capital
What is the using of goods and services called?
Production is the creation of goods and services. It is used to help deliver what consumers need and want through consumption.
Cotton production increased with the help of the?
Cotton production increased with the help of the A. cotton gin B.steam generator C.factory system D.cotton mill
What factors of production will be used and how?
In business economics, we have 3 factors of production and i am gonna help you elaborate each of them and how they can be used.1) Land - This a fixed factor of production and can be used by cultivating on them (Agricultural production), or building on them to house other factors of production (e.g. human beings and machines). This factor of production is said to be fixed because the amount of land you have cannot be changed unless you purchase more and it can only be used to produce a fixed amount of goods per time. for instance, if you have 1 hectares of land and you cultivate on it, you cant cultivate any more once the land is fully cultivated.2) Labour - also know as men or labourers used for production or workforce. it is used for production purposes by employing them to undertake certain production tasks or activities. in modern day business, labour can also be a machine e.g. robots that are used to produce certain goods.3) Capital - also known as money. the capital involved in production can be in the form of cash or human capital (Knowledge, management ability, expertise or experience). the cash capital is used to pay labourers and maintain other factors of production (e.g. machines), while human capital is used to reduce cost of production associated with acquiring that particular capital (for instance, we reduce the cost of employing a skilled manager if we are able to train our own manager and as he will still be paid a lesser money than a skilled manager).so it can be summarized as, land is used for housing the production process, labour is used for performing the production on land, while capital is used to maintain other factors of production (land and labour)..
How does the theory of plate tectonics help geologists predict future geologists predict future geologic events?
it helps by being able to predict what happens by whT HAS HAPPENED B EFOR
How did the factors of production help European governments to establish industry?
How did the factors of production help european governments to establish industry?
What two factors help geologists predict an earthquake?
geologist can predict earthquakes by the help of stress along a fault and energy along the fault
What do demographers try to predict using age-structure diagrams?
they help predict future population growth, to predict how the worlds human population will grow
What do demographers try to predict using age- structure diagrams?
they help predict future population growth, to predict how the worlds human population will grow
Can you find out about earths past or predict its future?
Yes, Critical evaluation of the historical data collected by scientist and other experts can help us predict the future of our planet
Do large corporations use financial modeling to help predict their future revenues?
Yes, large corporations use financial modeling to help predict their future revenues. You can read more about this at www.palisade.com/books/financial_models_II.asp
How can collected data predict future earthquakes?
It gives them the information to predict the movements of the earthquake by the location it was in the time it hit and the damage it done so that data collected can help the data collectors predict where a future earthquake can and possibly hit.
a clue, signal, or warning that will help the reader predict what will happen later or in the future?
imagine
How does seismology help communities?
They can help communities because seismologists can then sometimes predict the area where future earthquakes will hit.
Why is it advisable to start with sales, production then the capital?
because they help businesses predict how much money they can expect.
What is the meaning of you can't predict the future but you can follow your dreams?
that is because you don't know what will happen in the future so you can't predict or plan..... However, you can always dream about what you want to do in the future... so it will help you to succeed and that is why people says " Thoughts become actions" !!! Cheers.
