Question

14) __ is the combining of natural resources, human resources, and capital to produce goods and (4pts) services. Production Marketing Specialization Utilization Mechanization
Solution

3.6
(270 Votos)

Francine
Mestre · Tutor por 5 anos
Resposta
A. Production
Explicação
## Step 1The problem is asking us to identify the term that best describes the process of combining natural resources, human resources, and capital to produce goods and services. ## Step 2Let's analyze each option:- Production: This term refers to the process of creating goods and services using various resources such as natural resources, human resources, and capital.- Marketing: This term refers to the activities involved in promoting and selling products or services, which is not directly related to the production process.- Specialization: This term refers to the process of focusing on a specific area of expertise, which is not directly related to the production process.- Utilization: This term refers to the use of resources, but it does not specifically refer to the production process.- Mechanization: This term refers to the use of machinery in production, but it does not encompass the entire process of production.## Step 3Based on the above analysis, the term that best fits the description given in the problem is 'Production'.