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
Dmitry [639]
3 years ago
8

As a factor of production, what does the term labor mean?

Social Studies
2 answers:
alexandr1967 [171]3 years ago
6 0

Factors of production is an economic term that describes the inputs used in the production of goods or services in order to make an economic profit. ... The factors of production include land, labor, capital and entrepreneurship.

NeX [460]3 years ago
3 0

Answer:

The political economists such as David Ricardo and Karl Marx used to consider land, labor and capital as the factors of production. Its modern definition was derived from the neoclassical views, it considers capital and labor as the factor of production. Labor is the effort made by a person for bringing a service or product to the market. A waiter and a construction worker, are the examples of labor. Labor done by untrained and uneducated workers are paid less as compared to the labor of a trained and educated person.

You might be interested in
How can we protect democracy in nepal​
Archy [21]
By, seething a law and preforming protest
7 0
3 years ago
When Lorraine's twins were born nine weeks early and were hospitalized because of their prematurity,she spent every day at the h
adell [148]

Answer:

The correct answer is B. SOCIAL SUPPORT

Explanation:

When Lorraine's twins were born nine weeks early and were hospitalized because of their prematurity,she spent every day at the hospital with them. Her neighbors wanted to help in any way they could, so they cut her lawn and watered her flowers while she was gone. Lorraine's parents helped by caring for her 3-year-old son, so Lorraine could be with the babies. The help she received in her time of need from her neighbors and parents is best described as SOCIAL SUPPORT

4 0
3 years ago
Read 2 more answers
Which feature would be most characteristic of socialist economic systems in many European nations?​
MrMuchimi

Answer:

Government-managed healthcare

Explanation:

Under socialist system, all resources that exist in the country technically belonged to the "people". But they still need to form a government that take control over the resources  and the people do not necessarily have the power to use those resources however they want.

Under this system, the government tend to control the resources/programs that's considered as basic necessities by the people (such as education, healthcare, food stamps for the poor, shelters, energy, etc)

7 0
2 years ago
Catherine is taking a research methods class in which the semester project involves conducting original research. Catherine is i
vlada-n [284]

The correct answer is a hypothesis

In the scientific method, a hypothesis can be defined as the provisional or attempted solution to a given problem. The level of truth attributed to such a hypothesis will depend on how the empirical data collected support or not what is stated in the hypothesis. This process, known as empirical contrasting of the hypothesis, can be carried out through confirmation (in the case of universal hypotheses) or verification (in the case of existential hypotheses).

3 0
3 years ago
Are they contracts in the black market?
melamori03 [73]
<span>You cannot effectively make a contract for an illegal act, but there are activities within the black market structure that are likely legal — say delivering goods to a location, without reference to how they are later sold.</span>
8 0
3 years ago
Other questions:
  • Match the given situations to the violations made by the business in its critical relationship with the bank.
    9·2 answers
  • The goal of many unstructured interviews is to explore unknown areas to determine an applicant's ability to speak comfortably ab
    10·1 answer
  • Hannah has developed a scale for assessing social interaction among children with moderate to severe developmental disabilities.
    5·1 answer
  • Shawn decides to reject invitations to parties that will be held at night because he reads in the newspaper about the large numb
    14·1 answer
  • How do you think european exploration will affect native americans?
    11·2 answers
  • If your town wanted to build a new water treatment plant, which type of government would be in charge of the project? A) county
    12·2 answers
  • What does the preamble say about the power of government? Select all that apply. If the government abuses its power, people’s na
    6·2 answers
  • What group is generally held responsible for the terror attacks of september,11 2001?
    10·1 answer
  • The amount of money that you’ll have to pay your bills or save is known as your take-home pay or your
    10·2 answers
  • What are the causes for students to drop out from varsity?​
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!