Means of Production Include

question 18

Multiple Choice

Means of production include

• A)foraging, horticulture, agriculture, and pastoralism.
• B)the market principle, redistribution, and reciprocity.
• C)generalized, balanced, and negative reciprocity.
• D)kinship, descent, and marriage.
• E)land, labor, and technology.

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Definitions:

Future Cost

Predicted financial expenditure associated with an action or decision, considering potential increases in prices or changes in resource availability.

Labour

The human effort, whether physical or mental, that is applied to the production of goods and services.

Goal-Sharing Plans

A type of incentive plan where employees are rewarded if collective goals are achieved, promoting teamwork and collaboration.

Employee Participation

A workplace practice where employees are involved in decision-making processes, potentially improving satisfaction and productivity.