Question

Make a list of some other factors that are needed for development besides natural, human and financial ones. What type of means and resources are called financial resources?

Answer 1

In economics, factors of production, resources, or inputs are what is used in the production process to produce output—that is, finished goods and services. The utilized amounts of the various inputs determine the quantity of output according to the relationship is called the production function. There are three basic resources or factors of production: land, labour and capital. The factors are also frequently labelled "producer goods or services" to distinguish them from the goods or services purchased by consumers, which are frequently labeled "consumer goods". All three of these are required in combination at a time to produce a commodity.

Answer 2

Answer:

There are three basic resources or factors of production: land, labor, and capital.

Explanation:

There are three basic resources or factors of production: land, labor, and capital. The factors are also frequently labeled "producer goods or services" to distinguish them from the goods or services purchased by consumers, which are frequently labeled "consumer goods".

Financial resources mean assets that are obtained or controlled as a result of past transactions or events that in the normal course of operations will become cash.

Financial resources mean the unrestricted assets owned by a consumer and, if applicable, the consumer’s spouse. The place of residence and one vehicle are exempt from consideration of resources. “Formula” means the mathematical calculation applied to the state appropriation to determine the

SPJ2