For Which of the Following Factors of Production Can the Concept

question 105

Multiple Choice

For which of the following factors of production can the concept of unemployment be applied?

• A)Labour
• B)Land and labour
• C)Capital and labour
• D)Land and capital
• E)Land,labour and capital

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Definitions:

Donald Super

An influential psychologist known for his theories on career development and the role of self-concept in vocational choice.

Intrinsic Motives

The drive to engage in activities for their own sake, for the enjoyment or challenge they provide, rather than for some external reward.

Work Ethic

A set of values centered on the importance of hard work and diligence, often associated with a positive attitude towards labor and a commitment to achieving task-related goals.

Career Development

A lifelong process of learning and work-related activities intended to bring about a fulfilling career path.