| Technical innovations, which yield advantages in terms of volume, accessibility, cost and use, make it possible to substitute knowledge for labour as the main factor of production. |
| The interest box is a purely tax measure, which regulates tax pressure on capital as a factor of production. |
| It has modified international comparative advantages to a certain extent by making knowledge a very important factor of production. |
| Social policy should be considered not merely as a factor of production but as a worthwhile value in its own right. |
| The approach that we intend to take is to consider nature as a factor of production. |
| Labour is generally taken as a given factor of production, like land and other natural resources, rather than as a resource that has to be produced through human effort. |
