Which Factor of Production Accounts for the Highest Percentage of the Income

question 70

Multiple Choice

Which factor of production accounts for the highest percentage of the income that the production process generates in the United States?

• A)Capital
• B)Natural resource
• C)Land
• D)Labor

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Definitions:

Behavior

The way in which one acts or conducts oneself, especially towards others.

Cultural Context

The environment or situation which includes the social, historical, and cultural conventions and circumstances that influence understanding or the interpretation of information.

Gender

A social construct that refers to roles, behaviors, activities, expectations, and norms that societies consider appropriate for men and women.

Race/Ethnicity

Social categories that classify individuals based on physical characteristics, ancestry, historical affiliation, and cultural aspects, often influencing their social identity and experiences.