What Factors Are Most Important For Economic Growth – By clicking “Accept all cookies”, you are consenting to the storage of cookies on your device to improve site navigation, analyze site usage and assist our marketing efforts.
Factors of production are the inputs required to produce a good or service, and factors of production include land, labor, entrepreneurs, and capital.
What Factors Are Most Important For Economic Growth
Those who control the factors of production often enjoy the greatest wealth in society. Under capitalism, the factors of production are often controlled by business owners and investors. In a socialist system, … Read the rest