The Economy and the Factors of Production. The resources employed to produce goods, like land, labour and services are known as factors of production. Each factor is unique in the role it plays in the country’s economy. The economy of Singapore is highly developed, and may be called as a free-market economy.
Analysis of Samsung Electronics' Strategy for the period 2014-2017, and development of strategic options for growth and sustainability (Author: Vikram Razdan, Business consultant and Technical writer).