1. What are the four (4) main important factors of production in economy? List and describe the main four factors. Illustrate each example of the factors in Malaysia economic landscape. 2. In short compare the four (4) main important factors of production between Malaysia and Indonesia. If you are an investor which country will be your choice of investment. 3. List and describe the three (3) main economic systems in the world. In short, which economic system Malaysia is categorized.

1. What are the four (4) main important factors of production in economy? List and describe the main four factors. Illustrate each example of the factors in Malaysia economic landscape. 2. In short compare the four (4) main important factors of production between Malaysia and Indonesia. If you are an investor which country will be your choice of investment. 3. List and describe the three (3) main economic systems in the world. In short, which economic system Malaysia is categorized.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter20: Economic Growth

Section: Chapter Questions

Problem 19RQ: What do economists mean when they refer to improvements in technology?

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Question

Please no written by hand and no image

1. What are the four (4) main important factors of production in economy? List and describe
the main four factors. Illustrate each example of the factors in Malaysia economic
landscape.
2. In short compare the four (4) main important factors of production between Malaysia and
Indonesia. If you are an investor which country will be your choice of investment.
3. List and describe the three (3) main economic systems in the world. In short, which
economic system Malaysia is categorized.
4. Do you think the current economic system in Malaysia is effective in promoting to be a
developed country? Give your opinion.
5. Government intervention in economic policy. Do you agree with this policy? If yes/no,
justify your explanation.

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Step 3: Compare the four main important factors of production between Malaysia and Indonesia.

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