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Why more capital is needed to set up a factory on a plantation than to start a household industry?
You made need more capital or money when building a factory on a plantation then what would be needed if you were starting a household business. This happens because on the plantation you would have to build the factory, as well as hiring a bunch of employees. A household business is much smaller.
What else can I help you with?
Is a sweet factory a secondary or a primary industry?
a third industry
The factory is an example of which factor of production?
A factory is considered capital in the factors of production. Capital is any good that was used to create other goods. Since the factory is not a natural resource it can't be land, since it's not the actual workers within the factory it can't be labor, so it has to be capital.
What is a factory building an example of?
physical capital
What is an example of an industry?
A factory opens that mass produces light bulbs.
A factory machine is an example of what factor of production?
CAPITAL
What wore higher class people in Texas 1840-1860?
The men who owned cotton gins and slaves. They usually owned their own plantation or industry factory .
What is the difference between factory and industry?
Something is to be manufactured is factory(in factory worker called as Labour), a group of factory is called as industry( in industry workers called as employee).
What is the difference between industry and factory?
A factory is one kind if industry location
Is water use in factory or industry?
factory
What is factory industry?
it is a bum
What type of resource is a factory building?
A factory building is a physical resource used for manufacturing goods. It is considered a capital resource as it contributes to the production process and adds value to the final product.
What is an example of a capital?
An example of a capital would be a factory, because a factory is used to produce goods such as shoes, computers, ect. And also, a factory is human made.
What are features of plantation society?
Features : (i) It is a single crop farming. (ii) It is a capital intensive farming, i.e., a huge amount of capital is required. (iii) It needs vast estates, managerial ability, technical know-how, sophisticated machinery, fertilisers, good transport facilities and a factory for processing.
Is a sweet factory a secondary or a primary industry?
a third industry
Why does it cost a lot to set up a plantation exclude the cost of the factory?
Why does it cost a lot to set up a plantation? exclude the cost of the factoy
What does commercial industry mean?
an industry where the creation of products are factory-based
The factory is an example of which factor of production?
A factory is considered capital in the factors of production. Capital is any good that was used to create other goods. Since the factory is not a natural resource it can't be land, since it's not the actual workers within the factory it can't be labor, so it has to be capital.
