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Subsidies.

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Q: What were payments made to stimulate production of certain goods?
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What are grants of money paid by british to encourage production of certain goods in the colonies?

What are grants of money paid by british to encourage production of certain goods in the colonies?


What is the amount of goods produced in a certain time?

the amount of goods produced at a certain time is called productivity


What is advance guarantee?

buyer will sometimes make an advance payments to the seller to enebled them to start acquisition or production of goods.


What is advance payment guarantee?

buyer will sometimes make an advance payments to the seller to enebled them to start acquisition or production of goods.


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Payments for the applications of human efforts for the production of goods and services is termed as wages.


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What is the importance of capital goods in economics?

capital goods helps in the production of fenish goods for consumtion.In most cases capital goods can not be use to satisfy consumers,unless it under goes certain processing.Productin is said not to be compleat unless it reaches the final consumer.On this note it tells us production of fenish goods for consumption is a cardinal in production of goods and services


What are three factors of production and the two types of payments that appear in the free market circular flow model?

The three factors of production are capital, labor, and land. Two types of payments are from firms and households. These payments go to the goods and services markets.


What impact did technological advances have on the production goods?

production of goods was increased


How is production important in the provision of goods and services to consumers?

Production of goods is important for services and companies because companies must produce in mass what goods or services consumers will purchase. If customers do not wish to purchase a certain good or service, then it could cost a company mass amounts of money if they have produced it.


What goods used in the production of final goods?

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What is the relationship between taxation and production?

the relationship between taxation and production is that taxation is the process where by a business firm provides a certain amount of money to the national government after doing a certain transactions while production is the creation of goods or services for exchange and satisfying human needs or wants their relation is that both of them works on increasing government income, and their depending to each other, for example without production there wont be taxation because taxes are mostly collected from the production of goods and services.