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Which of the Following Are Considered Factors of Production Used

question 54

Multiple Choice

Which of the following are considered factors of production used to produce goods and services?
I. Land
II. Labor
III. Capital
IV. Entrepreneurship


Definitions:

Society's Interest

The collective concerns, values, and objectives of a community or society at large.

HR Professions

Occupations specialized in managing and supporting the Human Resources functions of an organization, focusing on recruitment, training, employee relations, and compliance.

Managing Complexity

The ability to navigate or simplify complex systems or situations, often requiring advanced problem-solving skills and innovative thinking.

Effective Job

A role or position in which the tasks and responsibilities are performed efficiently and successfully meet or exceed the expected outcomes.

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