The Factors of Production in an Economic System Are _____

question 100

Multiple Choice

The factors of production in an economic system are _____.

• A)land,rent,capital,and human resources
• B)capital,perseverance,natural resources,and human resources
• C)rent,wages,interest,and profit
• D)natural resources,human resources,capital,and entrepreneurship

---

Definitions:

Assumptions

Beliefs or propositions accepted without verification or proof as being true.

Divisive Conflict

Disagreements or disputes that create division or separation among individuals or groups.

Renegotiations

The process of revising the terms of an existing agreement or contract.

Conflict Process

The progression through which a contention or disagreement among parties develops, escalates, and is potentially resolved.