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Name the one productive resource that all people own regardless of their wealth?
Wiki User
∙ 13y ago
Even if you don't own any land or have any capital, one resource your guaranteed to own: labor.
In a capitalist system, labor is the one resource that all members of society have, no matter how poor or rich they areType your answer here...
Wiki User
∙ 13y ago
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What is one productive resource that all people own regardless of their wealth?
One productive resource that all people own regardless of their wealth is time. Everyone has been given time in equal measure.
What is the book called the Wealth of Nations about?
Mainly, the Wealth of Nations is about the benefits of a free market economy and how the government should leave economic decisions to individual households and firms without regulation or intervention because it is argued to be more productive and beneficial for society.
Why is private property important in the America economic system?
Private property is important in the American economic system because people having the rights to risk investment, own productive assets, and learn new ways of producing; the invisible engine for creating wealth and prosperity for all.
What were Thomas malthus view on laissez faire?
Thomas malthus view on laissez faire was in hard to resource of wealth rather than a stock of individuals
How did the people of kilwa use their wealth?
They used their wealth mostly for trading because they needed products like gold and ivory
What is one productive resource that all people own regardless of their wealth?
One productive resource that all people own regardless of their wealth is time. Everyone has been given time in equal measure.
What is productive capital?
Productive capital are assets that are used to produce wealth. They are usually machines, factories, and other tools of mass production.
How did silk help people?
Silk helped people gain wealth in Ancient China. Silk was a valuable resource for trade. People got silk from silk worms.
Which natural resource has contributed to the wealth of the middle east?
Petroleum.
Who are the people who define health is wealth?
The smart ones. If you don't have good enough health to enjoy your wealth, even if it's modest, what good is the wealth - regardless of degree? Good health is the ultimate wealth. It is said that "Dead men tell no tales" True. Dead men also spend no money.
What resource produces most of Finland's wealth?
Oil and natural gas
What resource accounts for Venezuela's economic wealth?
i hate e2020 -.-t
What major resource did west Africa kindomsn control?
Mineral wealth
Who said that great wealth was a resource to be used to benefit others?
Andrew Carnegie
What nonrenewable resource provides venezuela with most of its wealth?
Tourism
Where can I find a good resource of Asbestos Attorneys?
You will find a wealth of information on attorneys at www.asbestosattorneys.net
What is the mineral resource that lead to the wealth of the kingdoms of west Africa?
The gold mined in the gorges and the spices.
