What factors of production are critical in today’s economy? why?
| December 10, 2020 | education
In a modern economy, four factors are of decisive importance: land, labor, capital, business.
They affect production and economic labor.
One of the components of a person's success in our time is receiving modern high-quality education, mastering the knowledge, skills and abilities necessary for life in society. A person today needs to study almost all his life, mastering everything new and new, acquiring the necessary professional qualities.
