Determinants of Productivity Determinants of Productivity Determinants of Productivity Productivity is the quantity of payoff formed by one unit of labor introduce in a unit of time. Inputs subprogramd in the production of the goods and services ar the major determinants of any countrys productivity they are also called factors of production. There are quaternity major determinants of productivity of any countrys economy. · unload: the land itself, and raw materials such as oil and minerals down the stairs it. The natural choices that is available without alteration or effort on the part of humans.
Land as a resource includes solitary(prenominal) unique fertility and mineral deposits, topography, climate, water and vegetation. Trees grown are not categorized as land because they have been intentionally grown on the other hand Trees in a natural rainforest are a natural resource and thus classify as land. The reward for letting others use land is called rent. · Labor: In order to produce the thi...If you involve to get a full essay, order it on our website:
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