Examlex
Which of the following is correct?
Globalization Of Production
The dispersal of production processes across different countries and regions, seeking to optimize costs, quality, and efficiency.
Raw Material Costs
The expenses associated with acquiring raw materials needed for production.
Iron Ore
A natural resource that is mined and processed to extract iron, used primarily in the production of steel.
Factors Of Production
The resources needed for the production of goods and services, typically including land, labor, capital, and entrepreneurship.
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