Land, sometimes called a natural resource, is the most critical factor of production in explaining why some countries are poor while others are rich.
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Money is one of the five factors of production that contribute to the creation of wealth.
A. 对
B. 错
Taxes and government regulations are part of the economic and legal environment in which businesses operate.
A. 对
B. 错
High taxes and government restrictions help to encourage entrepreneurs by providing greater incentives for people to work hard and create profit.
A. 对
B. 错
One of the best things the governments of developing countries can do to increase wealth is to minimize interference with the free exchange of goods and services.
A. 对
B. 错