Which of the Following Correctly Lists the Categories of Factors

question 119

Multiple Choice

Which of the following correctly lists the categories of factors of production?

• A)machines, buildings, land, and money
• B)hardware, software, land, and money
• C)land, labor, capital, and entrepreneurship
• D)owners, workers, and consumers
• E)capital, money, and labor

---

Definitions:

Group Polarization

The phenomenon where a group's prevailing attitudes or beliefs become more extreme following group discussions.

Groupthink

A phenomenon where the desire for harmony and conformity in a group leads to irrational or dysfunctional decision-making outcomes.

Ingroup Bias

The tendency to favor one’s own group over other groups.

Alternative Perspectives

Different or varying viewpoints, opinions, or approaches to understanding a concept, situation, or problem.