Resources Are the Inputs That Firms Use to Create Goods

question 18

True/False

Resources are the inputs that firms use to create goods or services.

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Definitions:

Paris Commune

A radical socialist and revolutionary government that briefly ruled Paris from March to May 1871, following France's defeat in the Franco-Prussian War.

Opium War

A series of mid-19th century conflicts between the Qing Dynasty of China and the British Empire over trade imbalances and the illegal opium trade.

Labor Unions

Organizations that represent the collective interests of workers in negotiations with employers over wages, working conditions, and benefits, aimed at improving members' working lives.