What are the 3 types of productive resources?

What are the 3 types of productive resources? There are three kinds of productive resources: human, natural, and capital. Human resources are the strength, education, and skills of people. Natural resources are the gifts of nature that are used to produce goods and services. What are 4 types of productive resources? Transcript. The factors of […]

Does the word commode come from Emperor Commodus?

Does the word commode come from Emperor Commodus? A commode is any of many pieces of furniture. The word commode comes from the French word for “convenient” or “suitable”, which in turn comes from the Latin adjective commodus, with similar meanings. Was Marcus Aurelius killed by his son? Probably not. If, like most modern humans, […]

How did boycott affect Britain?

How did boycott affect Britain? The colonist became free-spirited and did not want their mother country to dominate all of their decisions. Therefore, leading to revolts other than British Goods and led to a greater revolution. It can be said the boycotts led to unreversible tension in which resulted in the American Revolution. How were […]

What does an economist need?

What does an economist need? A master’s degree or Ph. D. is required for most economist jobs. Positions in business, research, or international organizations often require a combination of graduate education and work experience. In addition, courses that introduce students to statistical analysis software are helpful. What would an economist most likely classify as a […]

What are the main functions of the central bank?

What are the main functions of the central bank? The functions of a central bank can be discussed as follows: Currency regulator or bank of issue. Bank to the government. Custodian of Cash reserves. Custodian of International currency. Lender of last resort. Clearing house for transfer and settlement. Controller of credit. Protecting depositors interests. What […]

What is true about social roles?

What is true about social roles? What is a true statement about social roles? Each social status has its own roles. Social roles are the expected behaviors for a social status. Social roles are the same for every culture. Which of the following is a true statement about social statuses? You can hold more than […]

What is the philosophy of legalism?

What is the philosophy of legalism? Legalism in ancient China was a philosophical belief that human beings are more inclined to do wrong than right because they are motivated entirely by self-interest and require strict laws to control their impulses. It was developed by the philosopher Han Feizi (l. c. 280 – 233 BCE) of […]

What groups benefit from inflation?

What groups benefit from inflation? Inflation means the value of money will fall and purchase relatively fewer goods than previously. In summary: Inflation will hurt those who keep cash savings and workers with fixed wages. Inflation will benefit those with large debts who, with rising prices, find it easier to pay back their debts. How […]

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