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In the Circular-Flow Diagram, Factors of Production Include Land, Labor

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In the circular-flow diagram, factors of production include land, labor, and capital.


Definitions:

Linguistic Relativity Hypothesis

The theory suggesting that the structure of a language affects its speakers' world view or cognition, and thus people's perceptions are relative to their spoken language.

Surface Structure

In linguistics, the outward form of a sentence, including words and their syntax, as opposed to the deeper meanings and relationships analyzed in deep structure.

Deep Structure

In linguistics, the underlying meaning of a sentence, as distinct from its surface structure or the way it is expressed.

Linguistic Relativity Hypothesis

The theory that suggests the structure of a language influences its speakers' world view or cognition.

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