The Three Broad Types of Resources Used to Produce Goods

question 179

Multiple Choice

The three broad types of resources used to produce goods and services are also known as:

• A) economic systems.
• B) factors of production.
• C) production possibilities.
• D) financial capital.

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Definitions:

Logotherapist

A therapist who practices logotherapy, a form of psychotherapy founded by Viktor Frankl that emphasizes finding meaning in life's experiences, particularly through suffering.

Paradoxical Intention

A therapeutic technique involving encouraging a client to engage in or intensify the desired behavior, thus reducing its occurrence through paradox.

Existential Therapy

Focuses on exploring themes such as mortality, meaning, freedom, and isolation to help individuals confront the inherent challenges of human existence.

Relatedness

The need or ability to form meaningful connections with others, contributing to an individual's sense of belonging and emotional well-being.