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Land- land and other natural resources are used to make homes, cars and other products. 2. Labor- people have always been an important resource in producing goods and services, but many people are now being replaced by technology. 3. Capital- capital includes machines, tools, buildings, and other means of manufacturing. 4. Entrepreneurship- All the resources in the world have little value unless entrepreneurs are willing to take the risk of starting businesses to use those resources. 5. Knowledge- Information technology has revolutionized business, making it possible to quickly determine wants and needs and to respond with desired goods and services...
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Common topics in this essay:
- How has the level of employment/unemployment and national minimum wage legislation impacted on the economy as a whole and how will this effect the economy in the years to come?
- Unemployment
- Unemployment
- Unemployment
- Unemployment
- Unemployment
- Unemployment
- Unemployment
- unemployment
- unemployment
- Unemployment
- Unemployment
- Unemployment
- Unemployment
- unemployment
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