Examlex
The formation of many groups in the 1930s came about because of:
Labor Force
The total number of people employed or seeking employment in an economy at a given time.
Capital
Financial assets or the financial value of assets, such as cash and goods, used by a business to produce goods or services and achieve its objectives.
Marginal Product
The additional output that is produced by adding one more unit of a specific input, like labor.
Wage Rate
The standard amount of pay given for work performed, typically expressed as an amount per hour or per task completed.
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