Capital and Labor Are Both ___________ and ___________ Factors of Production

question 195

Short Answer

Capital and labor are both ___________ and ___________ factors of production.

---

Definitions:

Unemployment Rates

The percentage of the labor force that is jobless and actively seeking employment.

Training Needs

Identification of gaps in knowledge, skills, and abilities among employees or a workforce, which can be addressed through targeted training programs.

Training Methods

Various approaches and techniques used to enhance the skills, knowledge, and abilities of employees.

Learning Principles

Fundamental guidelines or theories that explain how people gain knowledge, skills, and understanding, impacting effective teaching and learning strategies.