Which statement BEST describes the relationship between labor and capital? Components of an Industrial Economy

Component Definition

Labor human activity that generates a good or a service

Capital cash or durable goods used to produce goods or services

A. Laborers help determine the amount of taxes paid by the owner of the capital.

B. Entrepreneurs use capital with labor to produce goods for the marketplace.

C. Capital is the result of competition between laborers and entrepreneurs.

D. Capital will determine the number of laborers employed in a factory.

B.Entrepreneurs use capital with labor to produce goods for the marketplace.

Explanation:

the aksumite empire was an ancient kingdom located in what is now northern ethiopia from the period of 100 ad to 940 ad. its capital was the city of aksum. the kingdom established itself as one of the 4 great powers at its time, along with persia, rome, and china.

the kingdom was rich in goods like gold, iron, and salt. it established strong commercial ties with the regions governed by rome, egypt, and persia (arabia). aksum was a key location in this commercial network. trade was also facilitated with the introduction of the aksumite currency.