Which of the following best describes what production accomplishes?

The correct answer to this open question is the following.

What best describes what production accomplishes is value added to resources that already exist.

In economics, the factors of production need inputs to create products or to offer services. As we all know, these factors of production are Capital, Entrepreneurship, land, and labor. So production is a key component in any company because this element increases the value of resources needed to create goods.

it should be a. song dynasty’s civil service examination system created an administrative bureaucracy manned by the landed aristocracy.

living during the great depression had a major affect on the mentality many people. a good portion of people who lived during that time do not trust banks. this is likely the result of the many widespread bank failures in the 30s that caused people to lose their life savings.