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kwa wanauchumi wote!!!

Discussion in 'Jukwaa la Elimu (Education Forum)' started by barach pwm, Sep 7, 2012.

  1. b

    barach pwm Member

    #1
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    Among of factor inputs as mentioned with the currently accepted criteria are
    LAND
    LABOUR
    CAPITAL and
    ENTREPRENEURSHIP.

    ,...what i wish to know is that,.can TIME be added as a factor input,.I propose this idea because from my own point of view time is limited in supply(scarce resource) ,and time tends to answer a question of when to produce when combined with other factor inputs.
    Nawasilisha kwenu great thinkers mlitafakari hili
     
  2. Jemsi

    Jemsi Senior Member

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    Yap man but tym is included in factor enteprineurship,so this factor is the one that organize about tym and ans that fundamental questions.
     
  3. A

    Apex JF-Expert Member

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    Jemsi if you say about time to be organized by enterpreaurship rmber all other factors are organized by enterpreurs to be productive,APEX i thnk economists should come with a vivid reasons on why time is not considered as factor of production.
     
  4. A

    Awadh Mabaraza Member

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    What i thnk is that time cnt be added bcoz its combined 2 all 4 factors as follow.. Land can be used for agriculture at a certain period of time and the same land can be used for busines other period of time, a labourer can provid diffent types of labour in different period of time the same to interpreneur and capital. Therefor time cant be prodction factor but a chance for productn factors to hava an altenativ uses..
     
  5. ndupa

    ndupa JF-Expert Member

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    aise kuna kijana humu anaitwa Perry sijui yuko pande zip maana naiman anaenda soma haya mambo!! mi napita tu wakuu..endeleeni na kikao...
     
  6. b

    brian360 JF-Expert Member

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    Dah! time is very essential in production
    Time controls everythng and
    very limited you can't apply any
    innovation to time in order to
    increase it
    as you apply technical innovation
    on land, and other inputs
     
  7. Jemsi

    Jemsi Senior Member

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    Awath,it is true that tym is appear in all factor of prodn,but my question is that by above reason u see that tym is the major factor bcoz is used everywhere? so accoding to your reaso n tym must be added to factor of prodn to make a total of 5 factors.
    Appex,its okey that all factor are under entrepreneur but most thing to entrepreneur is tym without tym he/she cant allocate other factor.
     
  8. MARCO JOHN

    MARCO JOHN Member

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    you are a gret thinker those are what makes tite to be excluded to stand itself as aindependent factor
     
  9. ze duduz

    ze duduz JF-Expert Member

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    daah kitu cha demand and supply niko shallow !! Balaa
     
  10. Jemsi

    Jemsi Senior Member

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    Ze duduz,we sema part ipi upo shallow
     
  11. A

    Awadh Mabaraza Member

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    what u have to put in mind is that time cant produce anything coz it is intengible material bt jst gvz the chance for othr factorz 2 produce.. Mor over its reward depends on the 4 factors. So evn if it bcmz a factor of productin thr wll be no reward 4 it..
     
  12. ze duduz

    ze duduz JF-Expert Member

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    uchumi wote !!
     
  13. Geofrey_GAMS

    Geofrey_GAMS JF-Expert Member

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    time is limited in suply, time plays a part because the cost of using labour land and capital all are time dependent. It is a common factor which is continuous, so it is not normally included in calculations because these calculations are already assumed to apply over a specific time interval.
     
  14. QUALIFIED

    QUALIFIED JF-Expert Member

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    mkuu usije sema tena hayo maneno time is LIMITED in supply
     
  15. QUALIFIED

    QUALIFIED JF-Expert Member

    #15
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    time is independent resource: while other factor are dependent to one another and time
    it cant be the 5th factor because it doent depend the other factor but other factor depend time
     
  16. PARRIE KIJIKO

    PARRIE KIJIKO Senior Member

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    1)time do not have an exchange value,
    2)do not have a reward
    3)do not answer any economic problem
     
  17. QUALIFIED

    QUALIFIED JF-Expert Member

    #17
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    mkuu no.3 si kwel ukumbuki when to produce?
     
  18. PARRIE KIJIKO

    PARRIE KIJIKO Senior Member

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    nop,when to produce inajibiwa na enterprenuership thou time inahusika,try to think about "for whom to produce?" does it mean purchaser nae ni factor of productn?
     
  19. QUALIFIED

    QUALIFIED JF-Expert Member

    #19
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    purchaser si factor of production time neither but ni factor which complete the process unazikumbuka exogeneous factors
     
  20. PARRIE KIJIKO

    PARRIE KIJIKO Senior Member

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    hii topic ni pana,yap nazikumbuka bt ukijaribu kufikiri almost zote zinapitia kwenye migongo ya hizi 4,can u say technological situation ni factor?where does it stand?the ans ni kuwa inapitia kwenye capital sanasana!,and sometimes it cames economist wanaargue kwamba enterprenuership sio factor of production bt ni intallectual capital(capital) ama ni human lobour(labour) thus in that case tuna factor tatu tu za production ie land,labour&capital!
     
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