In a Short Essay, Explain the Factor Proportions Theory

question 98

Essay

In a short essay, explain the factor proportions theory. How does the theory differ from other theories?

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Definitions:

Return On Investment

A metric utilized to assess an investment's efficiency or profit in comparison to its expenditure.

Breakdown Theory

Suggests that social movements emerge when traditional norms and patterns of social organization are disrupted.

Nonroutine Collective Action

Spontaneous, unstructured group actions that occur in response to unforeseen events or crises, often bypassing traditional organizational structures.

Economic Deprivation

A state of being in which individuals or communities lack adequate financial resources, leading to poverty and restricted access to necessities.