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Man is the most important factor of production. discuss?
Factors of production refers to the inputs of the production process.
The history of economic growth in the nineteenth century focused on what as the most important factor of production?
Capital
Why is labor a unique factor of production?
Labour is a unique factor of production due to that they play an important role and labour is the important factor on the base of it company performance depends.
How would you explain Primary Activities?
Primary Activities are the activities that has the most direct impact. They are the most important factor in production and in business.
What factor of production is the most mobile?
Capital
Man is the most important factor of production. discuss?
Factors of production refers to the inputs of the production process.
What one factor of production the most important?
It is difficult to determine one single most important factor of production as it can vary depending on the context. However, labor is often considered a critical factor as it involves human capital that drives innovation, productivity, and economic growth.
The history of economic growth in the nineteenth century focused on what as the most important factor of production?
Capital
What was the most important factor in allowing villagers and cities to grow in Egypt?
increased food production
Why is labor a unique factor of production?
Labour is a unique factor of production due to that they play an important role and labour is the important factor on the base of it company performance depends.
How would you explain Primary Activities?
Primary Activities are the activities that has the most direct impact. They are the most important factor in production and in business.
What factor of production is the most mobile?
Capital
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.
What factor is the most important to living things?
Oxygen is the most important factor for living things.
What is the most important factor in the interview in well?
The most important factor in interviewing well is preparing for the interview.
What is the single most important factor leading to the development of civilization?
The development of agriculture is often considered the single most important factor leading to the development of civilization. This allowed for stable food production, which led to settled communities, surplus food production, division of labor, and the emergence of social hierarchy and institutions.
In most businesses what is the most costly factor of production?
Human Capital Apex:D
