asked 111k views
2 votes
Factors Production are common to all productive activities regardless of the economic system. true or false

1 Answer

5 votes
Factors of production are common to all productive activities, regardless of the economic system. Labor, as a factor of production, relates only to the production of manufactured goods; services are not included. So it is True
answered
User Mykola Shorobura
by
8.1k points

Related questions

2 answers
3 votes
20.4k views
1 answer
3 votes
25.2k views
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.