The meaning of economics
.Input (factors of production) refers to the things that bring up a manufacturer of processed products or services to meet the needs of consumers in economics, we divide the input as 4 type. Is 1
.Land (land), which includes natural resources of all types, including forest land, water, minerals, etc., both on the ground and underground land look different from other inputs. Is that occur naturally.A bounding volume
.2.Labor (labor) or human resources refers to those who achieve economic benefit in the production of goods or services by using both physical strength and ideas. But does not include the ability to engage in an individual.In economics, labor to use labor is receives a money or things of one only the workers who did not receive the return is not regarded as the workers in labor or popular watercraft.Lift.The labor force (labor force) is another meaning is that those in adults aged from 11 over which is ready and willing to work, whether it is work or not into. Skilled workers (skilled labor).As doctors, engineers, architects, etc., with no skill workers (unskilled labor), which is labor not training before. Mainly the labor force as the main body, such as labor, carry workers general contractor, etc.!3. Capital (capital) was created to facilitate the production process, product and service. Capital is accumulated in the form of machinery products Hardware tools manufacturing various capital in economics.
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