1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sophie [7]
3 years ago
12

Why are land,capital,labor,and entrepreneurs important for a product?

Social Studies
2 answers:
alukav5142 [94]3 years ago
7 0

Answer:

Land, capital, labor and entrepreneurs are important for a product because they are the factors of production needed to make that product.

Explanation:

Production factors is the economic term for the funds needed to produce goods and services. Production factors are traditionally divided into three main groups: labor, capital and natural resources, and they are joined by entrepreneurs in order to product the goods and services to be commercialized.

Natural resources are used to denote all types of natural resources that exist. Resources are scarce, limited.

Capital is used almost exclusively as a designation of real capital, which can be divided into fixed and variable real capital. Capital is, for example, all buildings and machines built by natural resources.

Human capital or education are the knowledge and skills that can create and drive capital or contribute to production. These conditions illustrate the difficulty of precisely defining each production factor.

horsena [70]3 years ago
6 0

All of these are key factors in order to reach a competitive product. In order for a product to be competitive, it must have an affordable price, be sought on the market, and what is most important to the capitalist, and it generates profit. That is why the workforce is important, which generates surplus value and that is a part that generates profit. Land as well as physical assets are the source of raw materials, and capital allows them to be purchased. By investing in the purchase of resources, investments are made with the desire to increase. Entrepreneurs are here to connect everything so that with optimal investments, they buy resources at a good price, pay workers, not too much, but to be motivated to work. A successful entrepreneur connects all these factors so that the product obtained is just competitive and earns a profit.

You might be interested in
What was the significance of Hernando De Soto’s expedition?
UkoKoshka [18]

Answer:

Seeking greater glory and riches, de Soto embarked on a major expedition in 1538 to conquer Florida for the Spanish crown. He and his men traveled nearly 4,000 miles throughout the region that would become the southeastern United States in search of riches, fighting off Native American attacks along the way.

3 0
4 years ago
If in a certain country, the number of births this year greatly surpassed the number of births last year, the number of deaths t
Arlecino [84]
The answer is a the population will have a natural growth increase because once the birth rate is greater than the death rate there is a population growth
8 0
3 years ago
Read 2 more answers
Mr. Li is a 50-year-old college graduate from China who just immigrated to the United States and is learning English. Jet is 3 y
serg [7]

Answer:

I think that since jet is younger, is brain will be able to speak the second language in no time but Mr. Li would need months practice before he could speak english

Explanation:

3 0
3 years ago
What is the best strategy for overcoming language barriers at work? a) constantly ask people to repeat what they have said b) sp
kondaur [170]

Answer:

speak slowly and clearly in order that the other person can understand you

6 0
3 years ago
Explainin a paragraph or two how Christ fulfills the offices of prophet, priest, and king.
KengaRu [80]
Hey!
At your baptism you were marked with oil as a sign that you are consecrated to God and anointed by the Holy Spirit. Your anointing also was a sign that you are joined to Christ and share in his threefold mission as prophet, priest, and king. 

The Israelites anointed their priests and kings with oil. They spoke of their prophets as being anointed with the spirit. Jesus, known as the Christ, the anointed one, fills all three roles. According to Luke, at the outset of his public ministry, Jesus read from Isaiah and claimed that the words referred to him: 
     The Spirit of the Lord is upon me,
     because he has anointed me
          to bring glad tidings to the poor. 
Luke 4:18

A prophet is a messenger sent by God, a person who speaks for God. He or she witnesses to God, calls people to conversion, and may also foretell the future. Prophets often are killed for their message. 

Jesus fits this description. He is none other than the Word of God in the flesh. He called the world to turn from sin and return to the Father and was put to death for it. In Scripture Jesus is presented as a prophet. Crowds identified him as “Jesus the prophet” (Matthew 21:11). He spoke of himself as a prophet: “No prophet is accepted in his own native place” (Luke 4:24). He foretold his passion and resurrection.

A priest is a mediator, or bridge, between God and human beings. He offers sacrifice to God on behalf of all. Once a year on the Day of Atonement the Jewish high priest went into the Holy of Holies in the Temple. There he offered sacrifice to God to make up for his sins and the sins of the people.

The writer of the Letter to the Hebrews compared Jesus to Melchizedek, a mysterious, superior priest in the Old Testament who blessed Abraham. Jesus is the greatest high priest. Because he is both divine and human, Jesus is the perfect mediator. He is not only the perfect priest, holy and sinless, but the perfect sacrifice. The sacrifice of Jesus need never be made again. Jesus “entered once for all into the sanctuary, not with the blood of goats and calves but with his own blood, thus obtaining eternal redemption” (Hebrews 9:12). Jesus continues his role as priest. “He is always able to save those who approach God through him, since he lives forever to make intercession for them” (Hebrews 7:25).

A king is a person who has supreme authority over a territory. When the Jewish people were ruled by kings, they became a nation. They longed for a Messiah who would again make them great.

Jesus is spoken of as a king in the Gospels. Gabriel announced to Mary that the Lord God would give her son the throne of David his father, and he would rule over the house of Jacob forever. Magi looked for a newborn king of the Jews. When Jesus last entered Jerusalem, crowds hailed him as a king. He was arrested for making himself king, and the soldiers mocked him as one. When Pilate asked if he were king of the Jews, Jesus replied, “You say so,” and he clarified, “My kingdom does not belong to this world” (John 18:36). The charge written against Jesus was “Jesus the Nazorean, the King of the Jews.” Jesus announced the kingdom of God. His mission was to have God reign in the hearts of all and to have peace and justice in the world. Jesus exercised his royal office by serving.
8 0
3 years ago
Other questions:
  • Sociologists consider _____ to be social or cultural and _____ to be biological
    14·1 answer
  • Why is it important for civilization to have a culture? Please help ASAP I’ll give brainliest!!
    15·1 answer
  • Which of the following is true of diesel engine injection​ pumps?
    14·1 answer
  • What was the renaissance
    10·1 answer
  • Terrence would like to reward himself after each goal he sets, but he's not sure what type of reward to choose. He's easily dist
    12·2 answers
  • Which numbered pair correctly replaces (1) and (2) in this table?
    15·2 answers
  • What two colonies are west of New York
    8·1 answer
  • Can someone please help me with this?
    9·1 answer
  • During World War II, German airplanes and tanks launched heavy surprise attacks against their enemies before they could mount a
    15·1 answer
  • A. 30°N, 90°W<br> b. 30°N, 30°E<br> c. 60°N, 30°E
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!