Why are capital and labor needed to make goods?
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Heya....!!!
HERE IS YOUR ANSWER
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Capital is needed to buy raw materials, machinery and other inputs needed for the production of goods.
Labour is needed to further process these raw materials and make use of them.
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HOPE IT HELPS!!!
HERE IS YOUR ANSWER
--------------------------------------------
Capital is needed to buy raw materials, machinery and other inputs needed for the production of goods.
Labour is needed to further process these raw materials and make use of them.
--------------------------------------------
HOPE IT HELPS!!!
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