Answer:
C. having a low standard of living
Explanation:
In order to produce, a country need these following factors of production:
<u>- Natural Resources. </u>
This includes all the things that are needed as materials and energy to continue the operation.
<u>- Investment</u>
This includes capital injection to buy all the thigns needed for the production
<u>- Labor/workers</u>
This includes both skilled/non-skilled workers that are needed during the production
<u>- Land</u>
This includes the empty spaces that a company can use to put its factories and machines
<u>- Entrepreneurial skills</u>
This includes all the skills/knowledge that can be used for the production.
All of the things above can be obtained without having a low standard of living. Having low standard of living actually might prevent a country from obtaining these factors of production.