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Which of the following are considered factors of production? I. Land
II) Labor
III) Physical capital
IV) Entrepreneurship
1970s and 1980s
A historical period characterized by major economic and political changes worldwide, including inflation and the end of the Cold War.
Productivity Growth
An increase in the efficiency of production within an economy, often measured by the output per unit of input over time.
Environmental Protection Legislation
Environmental protection legislation consists of laws and regulations aimed at preserving the environment by controlling pollution, conserving natural resources, and ensuring sustainable development.
Health and Safety Regulations
Standards and procedures intended to prevent accidents and injuries in the workplace or public areas.
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