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What is the connection between wages and the use of machines to produce goods?
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The system brought workers and machines together in one place to produce goods?
factory
What is a system that brought workers and machines together in one place to produce goods?
factory system
Which type of society relies on machines to produce goods and materials?
Reading the text on p. 120-121 will help you support you answer of industrial society.
The present choice between investing in capital goods and producing consumer goods now affects the ability of an economy to produce in the future. Explain?
AnswerConsumer goods are only available for present use and will not produce wealth. Capital goods, though not providing an immediate benefit, will produce wealth for future use (for more consumer goods and/or more capital goods).
The present choice between investing in capital goods and producing consumer goods now affects the ability of an economy to produce in the future. Explain.?
AnswerConsumer goods are only available for present use and will not produce wealth. Capital goods, though not providing an immediate benefit, will produce wealth for future use (for more consumer goods and/or more capital goods).
What does mass produce?
to produce a lot of goods cheaply using machines in a factory
What does mass-produce mean?
to produce a lot of goods cheaply using machines in a factory
What is the definition for capital?
Tools, machines, and factories used to produce goods.
What is the definition for capital resource?
Tools, machines, and factories used to produce goods.
The system brought workers and machines together in one place to produce goods?
factory
What does mass produce mean?
to produce a lot of goods cheaply using machines in a factory
What are capital resources?
Capital resources are goods produced and used to make other goods and services. They include tools, machines, and factories used to produce goods.
How do they produce goods in Saudi Arabia?
Using machines and cheap labor from third world countries.
What is a system that brought workers and machines together in one place to produce goods?
factory system
What are the three main kinds of resources and how is each one define?
The three main kinds of resources are natural, human, and capital. Natural Resources are gifts of nature, human resources are skills people have to produce goods and services, and capital resources are the things people make, such as machines and equipment, to produce goods and services.
Technological advancements can improve productivity by doing which of the following?
Developing machines that reduce the human effort needed to produce goods and services.
Which type of society relies on machines to produce goods and materials?
Reading the text on p. 120-121 will help you support you answer of industrial society.
