Explanation:Annulity is a contract between an insurance company and a person used primarily by retired workers of a company or Government agency.It guarantees constant stream of income,if a person dies before recovering all of his investment is recovered tax free, any unrecovered sum of money will be allowed as a miscellaneous itemized deduction on the person's final income tax.
the raw materials, tools and factories are also influenced by this, indirectly, as the cheapest and most effective ways usually win. But the most direct influence is on the type and number of produced goods.