List and Describe the Four Factors of Production Required for an Economic

question 128

Essay

List and describe the four factors of production required for an economic system to thrive and create wealth.Give an example of each in your answer.

---

Definitions:

Treasury Stock

Refers to previously issued stock that has been bought back by the issuing company, held in its own treasury, and not retired.

Treasury Stock

Shares that were once part of the outstanding shares but were bought back by the issuing company.

Common Stock

A type of equity security that represents ownership in a corporation, giving holders voting rights and a share in the company's profits through dividends.

Paid-In Capital

The total amount of money that a company has received from shareholders in exchange for shares of stock, exceeding the par value of the shares.