Question

Identify means of production.

Answer 1

Marx used the term mode of production to refer to the specific organization of economic production in a given society. A mode of production includes the means of production used by a given society, such as factories and other facilities, machines, and raw materials.

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Answer 2

•The resources and the tools required for the production of services and products is known as means of production.

•The means of production included raw materials machinery from the factories.

•Now it includes offices computers and other technologies.

•Land labour capital and entrepreneurship are the main factors for the means of production.