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One of the earliest, and still one of the most powerful, motivations for u.s. companies to invest abroad relates to ____: obtaining raw materials, labor, and other resources at the lowest possible cost.

2 Answers

4 votes

This is factors of production

answered
User Tea Curran
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5 votes

Answer:

factors of production

Step-by-step explanation:

Production factors is an economic term used to describe the set of elements, objects and factors that will be essential for a given production process in any economy in the country. Traditionally, factors of production are considered essential: land, labor and capital. However, other elements can be considered: obtaining raw materials, labor and other resources at the lowest possible cost.

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User Niko Matsakis
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