Upon investigation, which factor of production grew in
prominence due to industrialization? (1 point)
capital
resources
capitalism
land
1 answer
Capital is the factor of production that grew in prominence due to industrialization. Industrialization involved the large-scale production of goods using machines and technology, which required significant investments in machinery, equipment, and infrastructure. As a result, the role of capital, which refers to the financial resources and assets used in the production process, became increasingly important during this period.
1 answer