There are 4 factors of production:
And therefore, each individual controls part of the over all the factors of production. And collectively, the entire British population (including organizations such as the government, companies...) hold the factor of production.
the factors that affected Britain during the industrial revolution was Britain's abundant Natural Resources and the fact that it was a center of trade. it also had a stable political system and freer trade system than most other countries, there was high taxes but they werent high enough to limit trade and there werent restrictions on what was traded
Land, Labor, and Capital ( Money )
the entrepreneur possesses all other factors of production because he performs managerial functions.which include risk bearing,employment of labour,he provides the necessary capital needed for production.
Factors of production
Factors of production are the inputs for the production process. Three basic factors of production are land, labor, capital and entrepreneurship.
mobility of factors of production
what factors of production is needed for photography
the entrepreneur possesses all other factors of production because he performs managerial functions.which include risk bearing,employment of labour,he provides the necessary capital needed for production.
The companies.
Factors of production
Factors of production are the inputs for the production process. Three basic factors of production are land, labor, capital and entrepreneurship.
mobility of factors of production
what factors of production is needed for photography
how to improve factors of production
The Production Budget for This is England was $2,380,000.
This question seems to not make sense at all, but i guess it means usage of land. Production is highly focused on non active minerals and woods to make pulp. Other prime usage of land is agriculture (2%) and in the north weird hunting games.
Factors of production are the resources used in producing goods and services. The three factors of production are land, capital and labor.
answer fow conclusion for factors of production
which of the following is a characteristic of the factors of production