The Basic Factors of Production Include

question 60

Multiple Choice

The basic factors of production include

• A)Land,labor,money,and capital.
• B)Land,labor,money,and inputs.
• C)Labor and money.
• D)Land,labor,capital,and entrepreneurship.

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Definitions:

Total Population

The complete count of all individuals within a specified territory, including citizens, non-citizens, and all demographic groups.

African Americans

A racial or ethnic group in the United States with ancestry from the black racial groups of Africa, impacted by a history of slavery, segregation, and ongoing social and economic inequalities.

Manpower

The total number of workers available to perform a job or a task.

Slaves to Enlist

Refers to the historical practice of allowing enslaved individuals to join military forces, often in exchange for promises of freedom or rewards, seen in various conflicts including the American Civil War.