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which term works best as a title for the list factor of production equipment used in production brainly

Sagot :

The phrase "capital" works well as a title for the list of manufacturing tools utilized in production.

When economists talk about capital, they're talking about the tangible tools, buildings, and machinery that enable higher job productivity. One of the four main production variables, along with land, labor, and entrepreneurship, is capital. Hammers, tractors, assembly lines, conveyor belts, computers, trucks, and railroads are typical instances of capital. Financial capital, which consists of the debt and equity accumulated by firms to operate and grow, is separated from economic capital. In contrast to land or labor, capital is artificial; it needs to be made by human hands and built with human goals in mind. This suggests that investment in time is necessary before capital can be put to use efficiently.

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