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Which of the Following Is Not a Factor of Production

question 74

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Which of the following is not a factor of production?


Definitions:

Prospects For The Future

Speculations or expectations about what may happen or be achieved in the time to come.

Marginal Situation

A scenario where an individual or group is at the brink of significant change, often on the verge of either improvement or deterioration.

Basic Assumption

An underlying, taken-for-granted belief or principle that is not questioned or critically examined.

Berger

Peter L. Berger is a sociologist known for his work in the sociology of knowledge, understanding how societal beliefs and values are shaped and maintained.

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