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Geo (Subject) / Produktionsfaktoren (Lesson)
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- What are the main Produktionsfaktoren? - Grund & Boden - Kapital - Arbeit - Know-How
- How can one increase the amount of land they own? Aufschüttem / Auspülen - Landgrabbing
- What do you need Grund & Boden for? Anbau Abbau Ausbau
- What is Grund & Boden as the only such Produktionsfaktor? knapp & relativ
- What leads to the price increase of Grund & Boden? größere Begehrtheit
- What can't take place in developing countries if there is no equal distribution of land? economic growth
- What is landgrabbing about? What are the affected countries? investors buy land and ignore the owners rights owners often don't know about their rights and therefore don't do anything about it plus, there might be a corruput government or agricultural companies mostly in Africa (Uganda, Ethipia) and Asia (Thailand, Vietnam)
- Name reasons for community debts! - too little taxes - wrong investments - natural disasters
- What things does capital include? - money - machines - buildings - vehicles
- What does Eigenkapital [one's own capital] mean? What's the opposite called? that the person that starts a company brings parts of its own money into the firm =/= Fremdkapital [outside capital] means that the founder borrows money form banks
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- What are the pros of one's own capital? that you can go through years with losses - too little Eigenkapital can threaten ones existenz
- What would you, as a founder of a firm, invest in if you had enough own capital? - new ideas for prdouction - new machines - environmental technology
- Is work Always About making Money? no, it can also be about achieving certain goals
- (Work) What happens if wages rise? work is replaced with capital companies start producing in low-wage countries => Threatens workspaces in the western industrialized countries
- What is considered the most important factor of production? Know-How
- What includes Know-How? knowledge about processes, products, costumers know-how competences of the employees
- What's the Problem with Know-How in industrialized countries? they don't have it so they pay foreigners to do the work
- What does Braindrain mean? Braindrain means the emigration of workers from their motherland because they are paid better elsewhere