Answer:
Land – this is raw materials available from mining, fishing, agriculture
Capital – This is a manufactured item used to aid production, for example, machines, factories and computers
Labour – Human workers who are involved in producing the good.
Entrepreneur – the individual or business who take the initiative to set up a business and employ different factors of production (labour, capital and entrepreneur)
Knowledge – human capital – the skills and ability of workers. For example, a doctor who spent 15 years studying medicine is more productive than non-skilled workers.
State of technology – some schools of economics consider the state of technological development to be a factor of production. It will influence the effectiveness of capital investment.
Social capital – the coherence of society. Is there trust and working legal systems which enable entrepreneurs to have greater faith in setting up a business
Cultural heritage – if there is a strong tradition of investment and business, it is easier to replicate past business models.
Explanation:
Land – raw materials
Oil
Coal
Fish
Agricultural produce – fruit, vegetables, meat
Commercial real estate – land to build factories
The correct answer for the question that is being presented above is this one: "The Soviet Union removed its missiles from Cuba and the United States agreed to remove its missiles from Turkey." The statement that best describes the outcome of the Cuban Missile Crisis is that The Soviet Union removed its missiles from Cuba and the United States agreed to remove its missiles from Turkey.<span>
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Answer:It was an hour of peace and prosperity and allow China to expand to a major world power
Explanation:
Answer:
The Hammurabi code of laws, a collection of 282 rules, established standards for commercial interactions and set fines and punishments to meet the requirements of justice. Hammurabi's Code was carved onto a massive, finger-shaped black stone stele (pillar) that was looted by invaders and finally rediscovered in 1901
Explanation:
