Answer and Explanation:
Factors of production are resources or inputs put into the production of goods and services. There are four factors of production. They are: land, labour, capital and entrepreneurship
Land is considered a non depreciablle factor of production. It refers to all natural resources or gifts of nature and income from it is called rent.
Labour is human capital or input in production example workers in a factory
Capital is man made goods utilized to produce other goods
Entrepreneurship/entrepreneur is the factor of production that organizes the other factors of production and carries the economic risk
From the example, the factors of production include:
The forest with all the wood which falls under land factor of production.
Bill who falls under labour factor of production
His father's chainsaw which falls under capital factor of production
Bill's idea to use logs of wood for Christmas tree business constitutes entrepreneurship and Bill is also the entrepreneur here. This falls under the entrepreneurship factor of production
False, although Miguel Hidalgo's "Grito de Dolores" called for Mexicans to rise up, it was against Spanish rule and not against French rule. This is considered as the event that started the Mexican War of Independence and is called the "Grito de Dolores", because this translates as the Cry of Dolores, the small town in which the call to revolt was uttered.
Answer:
True
Explanation:
The theory of reasoned action was developed by Michael Fishbein in the year 1967. The theory explains that the attitude of people to certain issues depends on their past attitude, their intentions as well as subjective norms.The fact that the individual has intentions implies that he has certain expectations.
The main ideas promoted by this theory also emphasize that;
- the individuals intention would affect his decision.
- the subject belief of others, example, family and friends would be a factor.
- the motivation for the action would also be a determining factor.
Answer:
false
Explanation:
A deductive argument is said to be valid if and only if it takes a form that makes it impossible for the premises to be true and the conclusion nevertheless to be false. Otherwise, a deductive argument is said to be invalid.
Answer:
civil servant
sss officer
police officer
government owned school teachers
