Which of the Following Correctly Lists the Categories of Factors

question 127

Multiple Choice

Which of the following correctly lists the categories of factors of production?

• A)Machines,buildings,land and money
• B)Hardware,software,land and money
• C)Capital,money and labour
• D)Land,labour,capital and entrepreneurship
• E)Owners,workers and consumers

Explore and explain theories related to stratification, including the works of Marx and Weber.

Discuss the achievability of the "American Dream" in the context of current socio-economic conditions.

Compare and contrast functionalist and conflict perspectives on poverty and stratification.

Define and provide examples of terms central to understanding social stratification such as caste system, class consciousness, and conspicuous consumption.

---

Definitions:

Regulation

A rule or directive made and maintained by an authority to control or manage activities, often used in the context of government policies.

Tradable Pollution Rights

An environmental policy approach allowing companies to buy or sell the right to emit a certain amount of pollutants, aiming to reduce overall emissions cost-effectively.

International Competition

Involves the rivalry between entities from different countries in various fields such as sports, business, technology, and education, aiming to establish supremacy or achieve a particular goal on a global scale.

Subsidies

Financial support provided by governments to organizations, businesses, or individuals, often to support economic activities deemed beneficial or necessary.