Something That Would Contribute Directly to Improving Labour as a Factor

question 39

Short Answer

Something that would contribute directly to improving labour as a factor of production would be
finding new oil reserves.
better education for more of the population.
increasing the purchasing power of employees.
programs designed to decrease unemployment.
finding more efficient ways to produce products.

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Definitions:

Initial Cost

The acquisition cost of an asset or investment, including purchase price and any initial setup fees, before any deductions or depreciation.

Annual Cash Flows

The total amount of money being transferred in and out of a business over a year, used to assess the financial health of a business.

Deep-cycling

A process of discharging a battery completely before charging it again to maintain its capacity.