It is important to remember, future entrepreneurs, that you still need to buy these factors. Also, if the business is not massive, you might not make big profit; so it's best to have a backup plan for in case your business starts to go bankrupt.
@vivaphayanoi8 жыл бұрын
I'm currently learning business and learning about this and this video is very helpful and makes me understand a lot of what is the factor of production. Thank you Alanis Business Academy
@Alanisbusinessacademy8 жыл бұрын
You're welcome! Best of luck to you.
@nthperson5 жыл бұрын
More important is to understand that land (i.e., nature) is a passive factor of production. Political economists going back to Richard Cantillon treated land as the source of individual wealth. Thus wealth was something that had to be produced by labor with or without the assistance of capital goods. Land is, then, the Commons from which wealth comes. When land is treated as private property without requiring those who control land to compensate the community (by the payment of the full potential annual rental value of the locations controlled) what occurs is a redistribution of wealth from producers to non-producer rentiers. Acknowledging this problem, the French political economists known as Physiocrats called to an 'impot unique' charged to land owners, eliminating the taxation of producers altogether.
@zaneseason54794 жыл бұрын
Who else is watching this because they have a test next week?
@Alanisbusinessacademy4 жыл бұрын
Good luck!
@zaneseason54794 жыл бұрын
@@Alanisbusinessacademy thank you
@danzillaV12d4 жыл бұрын
This is time travel from time code 2020 and this video is still useable. Thanks creator
@tshepisoesther10774 жыл бұрын
Never understood it in class so I went online so this video helped me alot
@brofuzz52338 жыл бұрын
Oh very well explained mate this will help me with my test tomorrow
@Alanisbusinessacademy8 жыл бұрын
Glad I could help. I hope your test went well.
@tatsumaki41374 жыл бұрын
same 😌 just 3 yrs later
@itsnatassiawildman50433 жыл бұрын
This will help me with my test tomorrow too
@estherssyandya45453 жыл бұрын
Thanks for your explanation, it has eased my learning. The best.
@DrXJ4 жыл бұрын
If only our campus makes it compulsory for every new student to create a gmail account for the sole purpose of subscribing to this channel.. ALL WILL GRADUATE WITH HONORS!🤘🤘 U ROCK!👍
@Alanisbusinessacademy4 жыл бұрын
I would definitely give everyone honors for that!
@DrXJ4 жыл бұрын
@@Alanisbusinessacademyha ha ha! Thank you so much for all the knowledge that you have shared to us. You're what my family would call "a blessing above blessings". Be safe. :)
@DrXJ4 жыл бұрын
@@Alanisbusinessacademyha ha ha! Thank you so much for all the knowledge that you have shared to us. You're what my family would call "a blessing above blessings". Be safe. :)
@Zohirul-Jewel10 ай бұрын
Money is also considered to be capital.
@sixipitu61432 жыл бұрын
What is enterprise is different from other factors of production such as land ,labour and capital
@jesseeugene74947 жыл бұрын
man thanks so much !! 😆 I need this so bad
@anayashiraz56915 жыл бұрын
would you please upload a video on mobility and immobility of factors of production
@linualex54714 жыл бұрын
kzbin.info/www/bejne/bHmVYp2vnqplhtk
@linualex54714 жыл бұрын
Anaya Shiraz, u can check here
@bestofshorts2742 жыл бұрын
helped me for my exams thanks
@legendsshorts_1012 жыл бұрын
Nice bro.Amazing video
@monishpanchal72114 жыл бұрын
Which app did u used sir for drawing
@Alanisbusinessacademy4 жыл бұрын
This is an old video, but I believe I was using an iPad (probably iPad 2 😂) along with a simple drawing app that’s likely no longer around.
@monishpanchal72114 жыл бұрын
@@Alanisbusinessacademy okay XD
@GRACE-ef7bf3 жыл бұрын
can I ask how do these factors contribute to the satisfaction of individuals in society? pls I really need to know please help me
@hambelelauupindi63754 жыл бұрын
Can you plz show all summary of production
@tsovanessa257011 жыл бұрын
Do you have the script? I plan to use it for my team
@zakirpatel38734 жыл бұрын
Thanks
@aytanmammadli80859 жыл бұрын
Many thanks
@Alanisbusinessacademy9 жыл бұрын
You're welcome!
@allsongs45304 жыл бұрын
Grade 8 anyone?
@StellaCori2 жыл бұрын
Thank u sm
@KulvantSodhi11 жыл бұрын
Vry helpful
@vamp41047 жыл бұрын
Kulvant Sodhi *very
@maryamalmedfa16353 жыл бұрын
@@vamp4104 bruh
@sandeeprajk111 жыл бұрын
Thanks a lot
@Alanisbusinessacademy11 жыл бұрын
You're very welcome Sandeep.
@ivanazandolin550611 жыл бұрын
ok
@yadavujjwal49296 жыл бұрын
English me bhol Ra hai thik hai par aache se to bol le kuch samajh me bhi nahi aa raha
@yadavujjwal49296 жыл бұрын
Sahi hai kuch samajh me bhi na aaro
@MashreefAhmed6 жыл бұрын
bhag shala
@kanishkc53405 жыл бұрын
Ye uska accent hai, aur mujhe to ekdam saaf samajh aagaya bhai ! Dont blame others for what their accent is, rather focus on adjusting with it mate !