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Who possesses the factors of production in South Africa?
Both the government and private owners makes economic decisions because the government has control over certain important industries, such as Eskom, while private owners control other important industries.
What are the main industries in Sweden?
Main industries of Sweden include Wood production Artelery weapons and fighter jets telecommunications
Factors of production history?
Factors of production are essential conditions or resources that favor economic production, and include land, labor, entrepreneurship, and capital.
Who possesses the factors of production in Canada?
In Canada, the factors of production—land, labor, capital, and entrepreneurship—are owned and managed by a combination of private individuals, businesses, and the government. Private enterprises typically control most of the land and capital, while labor is provided by the workforce. The government plays a role in regulating and facilitating economic activities, ensuring that resources are allocated efficiently. Additionally, Indigenous communities also possess land and resources, contributing to the diverse ownership landscape.
What is the importance of factors of production?
three basic thing of production are money plan and hard work
Who possesses the 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.
Who possesses the factors of production in Russia and how are the resources allocated?
The companies.
What are factors of production name any four factors of production.?
Factors of production
Who possesses the factors of production for Kenya?
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.
Define factors of production?
Factors of production are the inputs for the production process. Three basic factors of production are land, labor, capital and entrepreneurship.
Factors of production of photography?
what factors of production is needed for photography
Discuss the mobility of factors of production?
mobility of factors of production
How to increase or improve the factors of production?
how to improve factors of production
When was the Volvo P1800 produced?
Production began on the Volvo P1800 in 1960 in West Bromwich, England. Production then moved to Torslanda, Sweden for another 10 years, and finally, Gothenburg, Sweden until production ceased in 1973.
What are three factors of production?
Factors of production are the resources used in producing goods and services. The three factors of production are land, capital and labor.
Conclusion for the factors of production structured essay?
answer fow conclusion for factors of production
Which of the followiwng is a charcteristic of the factors of production?
which of the following is a characteristic of the factors of production
