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In contrast to labor which factor is a scarce factor of productin?
Wiki User
∙ 14y ago
Land is, by nature, finite. However, I believe that entrepreneurship is probably the most scarce of the four factors.
Wiki User
∙ 14y ago
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What factor limited the success of labor organizers during the late 19th century?
The factor that had the greatest impact on union growth at the end of the 19th century was the popularity of social Darwinism.
What is factor productivity?
A productive factor is an input capable of producing (use- or exchange-) values, such as Nature (land) and labor, Hasmendi (2004). therefore factor productivity is a process in whicha productive factor produces or adds value to the output (goods and services)
What factor in the 1800s contributed to the growth of the American labor agreement?
by creating low-skill jobs that made employees easy to replace
Which Labor organization was founded first?
knights of labor
What are the three factors of prduction?
Land, labor and capital goods
Heckscher-Ohlin theory of factor endowment?
The Heckscher-Ohlin theory posits that countries will export goods that require factors of production that they have in abundance and import goods that require factors of production that are scarce. This theory emphasizes the role of differences in factor endowments, such as labor and capital, in determining patterns of international trade. Countries with an abundance of one factor will export goods that are intensive in that factor and import goods that are intensive in the scarce factor.
Could other resources besides labor be unused?
No. The capital sometimes is scarce.
How is labor scarce?
Labor is scare is a situation where an economy lacks people with the proper qualifications to fill in the market place. This is one of the main scarcity problems in the economy.
What factor of production is a hammer?
Labor
Which one is NOT a Factor of Production?
Labor
Which factor is most contributing factor to increase nation's wealth?
The largest factor is the amount of labor.
What is an example of a factor market?
Labor Market
A person delivering the mail is an example of which factor of production?
labor
In contrast to the American Federation of Labor, the Congress of Industrial Organizations fought for:?
Industrial democracy
What is an important factor in the initiation of labor?
An important factor in the intiation of labor is that the fetus is completely developed. The body will know when it is time and the cervix will begin to thin and efface.
What factor of production does human capital enhance?
Labor
What factor mostly contributed with slave trade?
Labor
