Economists Classify Energy and Water as Part of Which Factor

question 45

Multiple Choice

Economists classify energy and water as part of which factor of production?

• A)Labour
• B)Entrepreneurship
• C)Capital
• D)Land if undeveloped and capital if developed
• E)Land

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Definitions:

Open-Ended

Characterized by not having fixed limits or restrictions, allowing for freedom of response or adaptation.

Recreational Activity

Any activity done for enjoyment, relaxation, or leisure, not driven by necessity or for professional purposes.

Multiple-Choice

A question type that presents respondents with several answer options and requires them to select one or more that are correct.

The Second Shift

The phenomenon where working individuals, often women, undertake additional unpaid labor at home, such as childcare and housework, after their formal job.