Factors of Production Include All but Which of the Following

question 49

Multiple Choice

Factors of production include all but which of the following?

• A) Land
• B) Labor
• C) Raw materials
• D) Ethnic diversity
• E) Managerial sophistication

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Definitions:

Three Types

A generic phrase that could refer to any context-relevant categorization where entities, ideas, or phenomena are divided into three distinct groups or classes.

Binet and Simon

Psychologists who developed the first intelligence test, which aimed to identify children with learning disabilities in the French school system.

Intelligence Tests

Standardized assessments designed to measure an individual's intellectual abilities and potential.

Creativity

The ability to generate novel and valuable ideas, solutions, or artistic expressions.