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the fourth kind
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What are factors of production name any four factors of production.?
Factors of production
Economic system in which individuals control the factors and means of production is called?
Free Enterprise
Capitalism is a competitive economic system in which private citizens own the factors of production?
No, as it’s possible for the state to own some or most of the means of production. This would be state capitalism
What are the different factors of production?
There are four different factors of production and they are land, labor, capital and enterprise. These four factors are necessary in producing a commodity.
How do you produce capitalism?
If you privately own the means of production, you probably will 'produce capitalism.' The means of production: factories, machines, tools et. all. Classic factors: land, labor and capital stock (+ entrepreneurship).
What are factors of production name any four factors of production.?
Factors of production
Economic system in which individuals control the factors and means of production is called?
Free Enterprise
Capitalism is a competitive economic system in which private citizens own the factors of production?
No, as it’s possible for the state to own some or most of the means of production. This would be state capitalism
What are the four factors of production in making steel?
The four factors of production are: Natural resources Capital Labour Entrepreneurship.
What are the different factors of production?
There are four different factors of production and they are land, labor, capital and enterprise. These four factors are necessary in producing a commodity.
How do you produce capitalism?
If you privately own the means of production, you probably will 'produce capitalism.' The means of production: factories, machines, tools et. all. Classic factors: land, labor and capital stock (+ entrepreneurship).
What are the four factors of production of a car?
WHAT ARE THE FOUR FACTORS OF PRODUCTION FOR A CAR!? not land labor capital goods and entrepreneurship but what are the actual items
Which of the four factors of production must be prioritized?
The four factors of production (land, labor, capital and entrepreneur) must all present if you wish to improve the economic level of production.
What of the four factors of production is rubber?
Capital
Australia's 4 factors of production?
Australia's (and every other country) four factors of production are:LandLabourCapitalEntrepreneurship.Hope this helps
Income of the four factors of production?
The four factors of production earn the following income:Land earns rent.Labour earns wages.Capital earns interest.Entrepreneurship earns profit.Refer to "Factors of productions?" for the definition of each factor of production. This can be found at [ Factor_of_production]
How do the four factors of production affect the economy?
Production factors are essentially the resources needed to produce something. The four generally recognized production factors are land, labor, capital, and either entrepreneurship or time, according to different economists.
