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Means of production is defined by which of the following statements?

Athe ability put forth by the owners and workers to create wealth
Bthe factories, machines, and tools used to produce wealth
Cthe owners of the industries that gain wealth
Dthe people who provide labor for the industry to produce wealth

Verified Answer :

The means of production are all the technologies, instruments (such as tools and machines) and structures that are used to produce the end-product. They do not include people or abilities.

The correct answer is then:
b. the factories, machines, and tools used to produce wealth

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