Question

Upon investigation, which factor of production grew in
prominence due to industrialization? (1 point)
capital
resources
capitalism
land

Answers

Answered by GPT 3.5
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.
There are no human answers yet. A form for humans to post answers is coming very soon!

Related Questions