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nirvana33 [79]
3 years ago
13

1. Ray Kroc, the American entrepreneur for expanding the McDonald's

History
1 answer:
xz_007 [3.2K]3 years ago
3 0

Answer: Land

Explanation:

Economic factors of production are needed in the production process to turn raw goods to finished goods. There are four factors of production being;  <em>Land, Labor, Capital, </em>and<em> Entrepreneurship</em>.

The relevant factor here is land. Land involves every natural resource that goes into the production process including as the term suggests, the land (real estate).

The real estate that Ray Kroc acquires before building the restaurant falls under Land as a factor of production.

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Answer:

The local elites, the <em>criollos</em>, had wealth, lands and social position, but they lacked political power and were discriminated because they were born in the colonial territories; their families were of Spanish origin, but as they were born in the colonies, they were seen as socially inferior to the <em>peninsulares</em>, Spanish born in Spain and who were the only eligible to the top posts of the colonial administration.  Besides, Spanish restrictions and Madrid monoply of trade impeded increased trade and its benefits with other economies. They  also got inspired by the fight of the American colonies and the independence of the United States, as well by the French Revolution and its ideals. Many heroes of Latin American independence fought with the Napoleonic armies in Europe convinced they were fighting to spread the libertarian ideals of France. Besides, the decadence of Spain added another reason to dream about independence.  The leaders of Latin American revolutions were <em>criollos.</em>

Explanation:

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Read 2 more answers
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