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Musya8 [376]
3 years ago
6

Question 2 (2 points)

Business
1 answer:
Varvara68 [4.7K]3 years ago
5 0

Answer:

Government resources

Explanation:

Factors of production are also known as inputs in the production process. They four in number and include land, entrepreneurship, capital, and labor.

  • Land refers to the <u>natural </u>resources occurring beneath, above, and on earth's surface. They include minerals, fertile agricultural land, water, forests, air, gas, space for building, and many others.
  • Capital refers to the resources required to start and run a business. It includes finances, technology, methodology, plants and machinery, among others.
  • Labor is the human input in the production process. Human beings contribute skills, knowledge, energy, and time.
  • Entrepreneurship is the mobilization and organization of all the other factors(land, capital, and labor) to start and run a successful business.

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<u><em></em></u>

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Some of the damage that new technology can produce are not predicted both because the technology is new and because it may be used with different goals to those it was developed. This explains why option <em>C, It has many bad effects</em>, is false, and option <em>D, "It has both good and bad effects, but we can't always predict what those are", </em>is true.

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