Which Factor Determines Who a Society Will Produce Goods and Services for?
Private Businesses Can Operate Freely with Minimal State Control in the Capitalist Economy. Which Factor Determines How Goods and Services Should Be Produced?...
Private businesses can operate freely with minimal state control in the Capitalist economy.
Which factor determines how goods and services should be produced?
The factors of production are the resources used in creating and producing a good or service and are the building blocks of an economy. The factors of production are land, labor, capital, and entrepreneurship, which are seamlessly interwoven together to create economic growth.
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What are factors of production Brainly?
Answer: There are four factors of production i.e. land, labour, physical capital and human capital.
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