Answer:
Factors of production are the resources people use to produce goods and services; they are the building blocks of the economy. Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship.
Explanation:
I know the answer but I forgot
The correct answer for the question that is being presented above is this one: 'a. litigation.' Going to court to get a particular ruling is called litigation. Litigation is a term of the <span>law that refers to the rules and practices involved in resolving disputes in the court system.</span>
I think this question refers to the competition between European nations around 19th centuries, such as during the scramble for Africa (the colonisation of Africa by European colonies.
In order to increase their power during this competitions, the different, mostly European nations built new colonies - this is the correct answer.
Answer:
The sum of all of the yearly deficits is known as <em>debt.</em>
Explanation:
In business, debt can be described as all the money that has been borrowed by a person. National debt can be described as all the debt that is borrowed by the federal government.
Sum of all previous deficits, with addition to any borrowing or surpluses in the future, makes up the debt. It is a reflection of how much money has been borrowed and how much money in total a person or a government has to return.