Factors of Production Include All of the Following EXCEPT

question 23

Multiple Choice

Factors of production include all of the following EXCEPT

• A) machines made in past years.
• B) money.
• C) entrepreneurship.
• D) a wheat field that is not irrigated.

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Definitions:

Wages

The fixed regular payment, typically paid on a daily or weekly basis, made by an employer to an employee, especially to manual or unskilled workers.

Immigrant Families

Households that have relocated from one country to another, often facing unique challenges such as integration, language barriers, and cultural adaptation.

Working-Class Life

The everyday experiences, culture, and socio-economic conditions of individuals and families in the working class.

Immigrant Enclaves

Neighborhoods or areas densely populated by immigrants of similar cultural or national backgrounds, where they maintain cultural practices.