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otez555 [7]
2 years ago
12

Refer to the diagram and explain the difference between a factor market and a product market

History
2 answers:
kolezko [41]2 years ago
7 0

Answer:

In a factor market the household provides land, capital and labor to firms in exchange for payments that come in the form of salaries, rent, or profits. In a product market the household income is used to purchase goods or services that are provided by firms.

Explanation:

CaHeK987 [17]2 years ago
3 0

The primary difference between product markets and factor markets is that factors of production like labor and capital are part of factor markets and product markets are markets for goods. ... Anything used in making a finished product—labor, raw materials, capital, and land—make up a factor market.

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Which Mesopotamian civilization tried to conquer the ancient Greek city-states, but failed?
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Persia had a huge empire and had every intention of adding Greece to it. ... This humiliation led to the attempt to conquer Greece in 480-479 BC. The invasion was led by Xerxes, Darius's son. After initial Persian victories, the Persians were eventually defeated, both at sea and on land.

Explanation:

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3 years ago
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Explanation:

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Answer:

The answer is below

Explanation:

The widespread revolution in Europe can be traced to the year 1848 which is often referred to as the Age of revolution, starting from the French Revolution. They are a lot of reasons or forces that galvanized revolution among the poor and middle classes in Europe. Some of which are the following:

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