1 |
factors of productionProduction is an activity that combines the factors of production or economic resources. In the production process, the resources used in the form of natural resources (NR), human resources (HR), capital resources, and entrepreneurship. These elements are met in the production process. a. Natural resources, is everything provided and can be exploit [..]
|
2 |
factors of productionThese included factors of production are as follows. a. Land or natural factors of production. Land is a factor of production, because production landless households will not be able to produce goods or services due to no land as a place of processing of goods or services. b. Labor. Labor production factor labor is acting as a principal processing [..]
|
<< Devaluation | Genes >> |