Which of the following is not a factor of production? a. labor b. goods and services c. land d. capital

Which of the following is not a factor of production?
a. labor
b. goods and services
c. land
d. capital

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  1. 19. A. Production

    20. C. Cooperate

    21. D. "for whom"

    22. C. Come up with new ideas about what, how, when, and where to produce

    23.C. The effort of farmers raising cattle

  2. Ifound this on google “separation of powers. a fundamental principle of the united states government, whereby powers and responsibilities are divided among the legislative branch, executive branch, and judicial branch.” i hope this you for what your looking for

  3. The answer is: B. Goods and Services

    Factor of production refers to the resources that can be utilized to create the goods and services. (such as land, workers, capital injection, entrepreneurial skills, etc)

    This mean that the goods and services are the end goal of acquiring the factors of production, they are not considered to be a part of it.

  4. The correct option is (B) Goods and services.

    Further explanation:

    The factors of production can be defined as the means of production that is the base of economic structure. According to Marx, it is the infrastructure in society.  These are the resources that are considered as building blocks of the economic structure.

     

    THE FACTORS OF PRODUCTION

    There are majorly three factors of productions, which are, land, capital and labor. The first is land, which includes the natural resources that are used to produce the goods and services. This includes everything that comes from a particular land.

    The second factor is labor. It is the effort that an individual contributes to the goods and services’ production. The third factor is the capital. It includes buildings, machinery, tools and human being use to produce goods and services. In this way, goods and services are not a part of goods and services.

    Learn More:

    1. The US government is divided into three branches what is this an example of

    2. Explain three emotional effects of risk behaviors on one's lifestyle choice.

    Answer Details:

    Grade: High School

    Chapter: Modes of Production

    Subject: Social Studies

    Keywords: factors of production, land, capital, labor, machinery, goods and services, economic structure, resources, building block

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