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"Labor is the ability of people to do work, you need Labor to make goods and provide services" "Capital is money and goods used to help people make or do things , you need a Capital to run business" Found by Discovering our past! A history of the world Early ages!
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∙ 11y ago
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How Goods Services are produced?
goods and services in a market economy should be produced by labor. capital is needed so that physical products are produced by labor. capital tends to make labor more productive. in order to makes products land is needed to create for labor. labor is used to create capital on land to produce wealth.
What are resources needed to make goods and services called?
capital
Why must firms make decisions about which goods they will produce?
because firms have access to limited resources of land, labor, and capital
Chavez said that while capital and labor make the land what it is what really counts is?
labor
Natural resources that are used to make goods and services are considered what?
labor
How Goods Services are produced?
goods and services in a market economy should be produced by labor. capital is needed so that physical products are produced by labor. capital tends to make labor more productive. in order to makes products land is needed to create for labor. labor is used to create capital on land to produce wealth.
What are resources needed to make goods and services called?
capital
Why must firms make decisions about which goods they will produce?
because firms have access to limited resources of land, labor, and capital
What natural resources that are used to make goods and services are considered?
labor
What are capital resources?
Capital resources are goods produced and used to make other goods and services. They include tools, machines, and factories used to produce goods.
Is fast food a capital resource?
Fast food is not a capital resource. A capital resource refers to equipment or goods that are used to make other goods and services.
Chávez said that while capital and labor make the land what it is what really counts is?
labor
Chavez said that while capital and labor make the land what it is what really counts is?
labor
What are natural resources that are used to make goods and services?
labor
What are natural resources that are used to make goods and services considered?
labor
Natural resources that are used to make goods and services are considered .?
labor
Natural resources that are used to make goods and services are considered what?
labor
