In the Specific Factors Model,which of the Following Is Treated

question 44

Multiple Choice

In the specific factors model,which of the following is treated as a specific factor?

• A) capital
• B) labor
• C) cloth
• D) food
• E) technology

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Definitions:

Property Rights

Legal rights to use, control, and dispose of property, including real estate, intellectual property, and other belongings.

Ratification

Formal approval or confirmation of an agreement, treaty, or constitution.

Federal Government

The national government of a federation, which has specific powers granted to it by a constitution.

Economy

The system of production, distribution, and consumption of goods and services within a particular geographic region.