Crude Oil Is Not an Example of a Factor of Production

question 168

True/False

Crude oil is not an example of a factor of production, but when crude oil is processed into gasoline, it is a factor of production.

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Definitions:

Physical Exercise

Any bodily activity that enhances physical fitness, health, and wellness, including strength, flexibility, and cardiovascular health.

Somatic Complaints

Physical symptoms that are often a manifestation of psychological distress, including headaches, stomachaches, and fatigue, without a clear medical cause.

Headache

A pain or discomfort in the head, scalp, or neck area, which can vary in intensity, duration, and location.

Neck Pain

Discomfort or pain located in the area of the cervical vertebrae, which may stem from muscular strain, nerve compression, or other causes.