Which of the following are necessary for production to take place? O A. The creation of shipping networks to distribute goods. O B. Market research to determine the level of demand. O C. Advertising to create demand. O D. The input of land, labor, and capital.
Social Studies · Middle School · Sun Jan 24 2021
Answered on
D. The input of land, labor, and capital.
The factors of production—land, labor, and capital—are essential for production to take place. These inputs are necessary to create goods and services. While market research, advertising, and shipping networks are important aspects of the overall production and distribution process, the fundamental inputs of land (natural resources), labor (human effort), and capital (financial and physical resources) are crucial prerequisites for any production to occur.