Register
Why are capital and labor needed to make goods?
530,012 views
41 votes
41 votes
Why are capital and labor needed to make goods?

User SixSigma
by
3.1k points

1 Answer

13 votes
13 votes

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.

User Rik Renich
by
3.0k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers

Other Questions

If a country or group of people do something to another country or group of people, does it affect the rest of the world? Did what King Leopold II do in the Congo affect the US? Does what the U.S. do to
Give me 3 important facts about the Jurassic Period. Thank you
What manufacturing industry did World War II MOST help establish in Texas? A) car manufacturing B) textile manufacturing C) airplane manufacturing Eliminate D) computer manufacturing
As a result of their dissatisfaction with the Catholic Church both Martin and Luther and Henry Vllll
Which of these is the most likely reason for the map to be called "The Fertile Crescent"? A. The highlighted land contained Mesopotamia where there were many babies born. B. The highlighted land is located
Link Copied!