Why are the factors of production important to economics?

A-They are not important and economic growth can still occur without them

B-They are the resources that we are able to get from the land

C-they provide everything a persons needs to everyone in the world

D-They are the building blocks of the economy and are what people use to produce goods and services

Answers

Answer 1

Answer:

D. They are the building blocks of the economy and are what people use to produce goods and services

Explanation:

(I took both AP microeconomics and AP macroeconomics)

Answer 2

Answer:

D

Explanation:

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.


Related Questions

What ideas about knowledge does Locke express in this passage?

Answers

Answer:

in what passage

Explanation:

Can someone plz help me with this question

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Answer:

b

Explanation:

Answer:

b. Developing

Explanation:

who is the first president of kenya​

Answers

Answer:

Jomo Kenyatta

Explanation:

Jomo Kenyatta ( c. 1897 – 22 August 1978) was a Kenyan anti-colonial activist and politician who governed Kenya as its Prime Minister from 1963 to 1964 and then as its first President from 1964 to his death in 1978.

Answer:

Jomo Kenyatta

Explanation:

was a Kenyan anti-colonial activist and politician who governed Kenya as its Prime Minister from 1963 to 1964 and then as its first

Which country is most likely to have large oil and natural gas reserves? Why?

Answers

Answer:

china. China is number one on the list for having the most natural resources estimated to be worth a lot of money

Explanation:

Why did the United States go to war with Afghanistan?

O.Because Afghanistan was developing nuclear weapons.?
O.Because the Taliban was protecting AI Qaeda.?
O.Because Afghanistan was under Soviet control.?
O.Because the Taliban was an ally of North Korea.?

Answers

Answer:

Because the Taliban was protecting AI Qaeda.?

Explanation:

Answer:

Because the Taliban was protecting AI Qaeda.?

Sally is angry about a promotion decision. Though she is not sure that she was the best candidate, she feels that she never really got the chance to demonstrate her skills. Sally's dissatisfaction is consistent with research on:

Answers

Answer:

Procedural justice

Explanation:

Based on the situation being described it can be said that Sally's dissatisfaction is consistent with research on Procedural justice. This is an area of research in the field of psychology that deals with the idea of fairness  in the processes that resolve disputes and allocate resources. Such as in this case since the company provided a promotion (company resource) to someone other than Sally which she took as being unjust.

describe the effects of the Civil War on the north and south?

Answers

Answer:

for the south their economy was ruined the north was burning their crops and freeing slaves.

For the north their was no real effect except the death of Abraham Lincoln

Explanation:

Why was the 14th Amendment necessary, after the Civil Rights Act of
1866? *

Answers

Answer: The 14th amendment to the U.S constitution ratified in 1868 granted citizenship to all persons born or naturalized in the untied states including former slaves and guaranteed all citizen equal protection of laws.

Which rights are included In both Florida declaration of rights and the us constitution

Answers

The rights are included in both the Florida Declaration of Rights and the US Constitution are: trial by jury, claimant’s right to fair compensation  and protection from unreasonable search & seizure.

Explanation:

The United States' draft is commandant for entire country or territory/states. The Florida constitution is a Constitution of the US STATE, as it has all the same content as the Constitution of the United States, but the States involve broader and have more rights and information.

'Declaration of Rights' in Section I from the Florida states, that the death penalty is not illegal. Search and seizure, and cruel and unusual safeguards from punishment shall be consistent with the definition of those rights by the United States Supreme Court.

trial by jury

claimant’s right to fair compensation

protection from unreasonable search and seizure

Answer:

It was due to process of law and freedom of speech.

Explanation:

What is the flexible connective issue shown in blue? A.Tendon B.bone C. Cartilage D. muscle. if you did the edgenunity test/assesment pls tell me

Answers

Answer:

d muscle

Explanation:

im low rank may i get the brainliest

In this quotion, who are “they”?
Republicans
slaveholders
African Americans

Answers

Show the quotation please then I can answer it :)

Answer:

African Americans

Explanation:

i just got this right on edg

How does scarcity financial choices for individuals

Answers

Making economic choices is another way of dealing with scarcity. ... All nations must address the problems of resource scarcity, and all nations must allocate their limited resources to meet the needs of their citizens. When nations allocate resources, they make choices reflecting their basic human values.

The Constitution party advances a conservative approach to issues and would most likely support policies that __________.
A.
reflect our basic principles
B.
disregard the Bill of Rights
C.
expand the role of the government
D.
expand our foreign policy intervention

Answers

Answer:

A

Explanation:

This would be so because to take a conservative approach, not much would change. A conservative outlook would support past laws, etc.

Answer:

a

Explanation:

What event caused settlers to pour into Georgia?

Answers

Answer:

The discovery of gold in Georgia caused settlers to pour into it.

Explanation:

There are two reasons that make this answer correct. The first one is that gold was discovered in the 1930s. In a time of diffifulcty and almost nonindustrial development, the find was enough to make everyone in the seek of fortune and an stable future go to Georgia for the gold rush. However, it was not only that. Georgia was easy to acces, as the environment wasn't difficult. Thus, new settlers poured it.

A wire is cut into four pieces of different lengths. Each piece is stretched between two supports to the same tightness. Which of the pieces, shown below, would give the highest pitch if it were plucked in the middle

Answers

Answer:

I feel like the one that is the longest would have the highest pitch would be the longest one...?

Explanation:

The Democratic-Republicans supported all of the following principles EXCEPT ___________.
A.
increased power to the states
B.
a weak central government
C.
a loose interpretation of the Constitution
D.
opposition the Federalist agenda

Answers

Answer:

C. A loose interpretation of the Constitution

Explanation:

Thomas Jefferson, along with many people in the Demo-Republican party, believed in a strict interpretation of the Constitution.

Answer:

The Answer is C

Explanation:

The United States hopes the containment policy would ________
A. Make Every country stay within its own borders.
B.Hold back the spread of communism.
C. Stop the Cold War.
D. Keep food prices down.

Answers

A !.!.!.!.!!.!.!.!.!.!.!.!!..!!..!!.!.!.!.!.!.!.!.!.!.!.!!.

Answer:

A. Make Every country stay within its own borders.

Explanation:

-3-

Why do we need elections in a democratic country?

Answers

The nature of democracy is that elected officials are accountable to the people, and they must return to the voters at prescribed intervals to seek their mandate to continue in office. For that reason most democratic constitutions provide that elections are held at fixed regular intervals.

which phrase describes income effect

Answers

Answer: Income effect refers to the change in an income earned by an individual and with a percentage change upward or downward impacts consumer buying/ purchasing power of it

Explanation: You didn't put the answer choices so ii couldn't tell you exactly which one.

Answer:

the impact of price on consumers’ purchasing ability and decisions

Explanation:

it's on plato and trust me I got it right :)

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