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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.
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∙ 7y ago
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What are the three major type of economic resource?
gas
What type of economic resource was in short supply for growing tobacco in Jamestown?
Natural
Which of the foln which type of economic system does the government control the means of production and distribution?
socialism :)
Why are factors of production important in business?
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.
Command economic system?
it is that type of economy where by resource allocation is done mostly by the state and ther is limited individual intervention
What are the three major type of economic resource?
gas
What type of economic resource was in short supply for growing tobacco in Jamestown?
Natural
What type of maps are there besides physical and political?
Climate, economic, resource, road and topographic
Which of the foln which type of economic system does the government control the means of production and distribution?
socialism :)
Why are factors of production important in business?
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.
How much money does a non-renewable resources have?
A non renewable resource is a type of energy production and therefore does not have money.
Command economic system?
it is that type of economy where by resource allocation is done mostly by the state and ther is limited individual intervention
Political persecution and poor economic conditions are two examples of a what type of factor in migration?
They are push factors.
What type of economic and political system exists where all resources and production are owned collectively by all?
Socialismsocialism(Kaylop)
What type of economic and political system exist where all resources and production are owned collectively by all?
mixed capitalism
Which resource is NOT a type of natural resource?
its reusable resource.
What is the type of resource?
A renewable resource
