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 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.
what factors of production is needed for photography
mobility of factors of production
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
The Production Budget for This is England was $2,380,000.
The factors of production in Kenya are owned by a mix of private individuals, businesses, and the government. Private individuals and businesses predominantly own physical capital and entrepreneurship, while the government may own some natural resources and provide infrastructure and public services. Kenya has a market-oriented economy where these various entities play a role in the production process.
Factors of production are the inputs for the production process. Three basic factors of production are land, labor, capital and entrepreneurship.
what factors of production is needed for photography
mobility of factors of production
how to improve factors of production
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