factors of production; economic inputs
Tone colorsmāmámǎmàma
Meanings
1 sense · 4 examplesnoun
factors of production; economic resources used in producing goods and services
In economics, traditionally includes land, labor, and capital; in the knowledge economy, technology, information, and management are also considered key factors.
Tǔ土
dì地
、
láo劳
dòng动
hé和
zī资
běn本
shì是
zuì最
jī基
běn本
de的
shēng生
chǎn产
yào要
sù素
。
Land, labor, and capital are the most basic factors of production.
Zài在
zhī知
shi识
jīng经
jì济
shí时
dài代
，
jì技
shù术
hé和
xìn信
xī息
chéng成
wéi为
le了
zhòng重
yào要
de的
shēng生
chǎn产
yào要
sù素
。
In the knowledge economy era, technology and information have become important factors of production.
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Qǐ企
yè业
xū需
yào要
yōu优
huà化
pèi配
zhì置
gè各
zhǒng种
shēng生
chǎn产
yào要
sù素
yǐ以
tí提
gāo高
xiào效
lǜ率
。
Enterprises need to optimize the allocation of various factors of production to improve efficiency.
Shēng生
chǎn产
yào要
sù素
de的
jià价
gé格
huì会
zhí直
jiē接
yǐng影
xiǎng响
chǎn产
pǐn品
de的
chéng成
běn本
。
The price of factors of production directly affects the cost of products.