Resources needed to provide goods or services are called factors of production
<h2>Further Explanation:
</h2><h3>Factors of reproduction </h3>
- Factors of reproduction are inputs or resources that are used in the generation of goods and services with an aim of making profit.
- There are four main factors of production which include;
- Land
- Labor
- Capital
- Entrepreneurship
<h3>Land </h3>
- This refers to all the natural resources that are available to be used in the production of goods.
- These natural resources includes raw materials from the ground, non-renewable resources such as petroleum and renewable resources such as timber.
- The income or reward earned from land as a factor of production is rent.
<h3>Labor </h3>
- This refers to the manpower or work done by human beings.
- The value of labor depends on the skills, education and motivation of workers.
- The reward for labor as a factor of production is wages and salaries.
<h3>Capital </h3>
- This refers to the capital goods, that is, man-made objects that are used for production of goods and services such as machinery, equipment and chemicals.
- They also include industries and commercial buildings.
- The reward or income earned from capital goods is interest
<h3>Entrepreneurship </h3>
- It involves coming up with an idea and developing it into profitable business.
- An entrepreneur is therefore an individual who combines the other factors of production to build a business and add the supply in the economy.
- The reward or income earned by entrepreneurs is profit.
Keywords: Factors of production, labor, land, capital
<h3>Learn more about
</h3>
Level: High school
Subject: Business
Topic: Factors of reproduction
Answer:
A. The use of stimulants in small doses helps focus attention and reduces hyperactivity.
Explanation:
Methylphenidate is a common drug stimulant that is given to the children above five-year-old for ADHD. This medicine comes under a category called stimulant which increases the activity of the brain particularly that area which suppresses the level activity related to attention and concentration. but it has some side effects of stimulants.
- Heart rate and blood pressure get increase.
- Appetite loss leads to underweight
- Loss of sleep
- Loss libido
- Mood swings etc.
Answer:
A briefing that captures all essential information for continuing safe and effective operations.
Explanation:
A command may be described as an order which is usually authoritative and should be obeyed as it is usually issued by a superior. The command will entail taking necessary procedures, information on all aspects which are bound by the issued protocol. The command will usually be given in clear terms and as such everything binding in the command information given must be captured in other to ensure an enforced action.
QUICK ANSWER
Mass media affects public opinion by making it possible for large groups of widely dispersed people to develop collective attitudes regarding public affairs; mass media tells people what issues are important and motivates the public to action. Exposure to media activates people's convictions or causes them to form new ones. As a result, those who control the mass media have the capacity to sway public opinion.
Answer:Victoria, one of the original five ships, circumnavigated the globe, finishing three years after setting out. In 1519, Portuguese explorer Ferdinand Magellan led a Spanish expedition with a fleet known ... The fleet initially consisted of about 270 men and five ships: four carracks and one caravel. The expedition faced numerous ..
Explanation:One of Ferdinand Magellan's five ships—the Victoria—arrives at Sanlúcar de ... 1519, Magellan set sail from Spain in an effort to find a western sea route to the rich ... where he searched the South American coast for a strait that would take him to ... they dropped anchor at the Philippine island of Cebu–they were only about .
