The next important group of current account items are services, which can be considered either separately or as part of a broader category of goods and services. Services – a group of items of the current account of the balance of payments, including transport services, travel and a number of other services (communications, construction, insurance, […]
Tag: professionally
Resources and factors of production
The creation of material and spiritual goods and services requires resources and factors of production. What does economic theory mean by these categories? The resources of production are a set of material and financial means, natural, social and spiritual forces that can be used in the process of creating goods, services and other values. In […]