capital resources
capitol resources
An economy is a system for producing goods and services.
Imports are goods or services brought into a country from another. Exports are goods and services sold to other countries.
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.
consumption spending
The geographic principle under which particular peoples and particular places concentrate on the production of particular goods is known as local functional specialization.
it is known as technology
An economy is a system for producing goods 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.
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.
they are known for there tomatos as goods
Mass production.
Imports are goods or services brought into a country from another. Exports are goods and services sold to other countries.
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.
consumption spending
Rationing
The geographic principle under which particular peoples and particular places concentrate on the production of particular goods is known as local functional specialization.
SUPPLY