Money, political resources, and infrastructure are not considered economic factors of production.
Money is considered to be a factor used in trade, mostly. Money is used to trade or sell or buy something and for production to move as well. It can be a huge factor that contribute to production but it mostly envelopes the trade industry.
A type of resource that is not related to economic production is a natural resource, such as clean air or biodiversity. These resources provide ecological benefits and support life but are not directly produced or utilized in economic activities. They are essential for maintaining ecosystems and the overall health of the planet, yet they often do not have a direct market value.
gas
Natural
Factors of production are important in business because managers can improve their position when they know what contributes to production. The type of machinery used in production is a factor in production.
socialism :)
gas
Natural
Climate, economic, resource, road and topographic
capital
socialism :)
Factors of production are important in business because managers can improve their position when they know what contributes to production. The type of machinery used in production is a factor in production.
A non renewable resource is a type of energy production and therefore does not have money.
A factory building is a physical resource used for manufacturing goods. It is considered a capital resource as it contributes to the production process and adds value to the final product.
it is that type of economy where by resource allocation is done mostly by the state and ther is limited individual intervention
They are push factors.
Socialismsocialism(Kaylop)
mixed capitalism