Effective factor abundance (有效要素丰裕)

Synonyms:
Abundant in that factor

Effective factor abundance (有效要素丰裕 yǒuxiào yàosù fēngyù) refers to the factor endowment of a country, which determines the appropriate or feasible range of factor use proportion of its industries; it also determines the appropriate or feasible range of factor price.

  • 有效 (yǒuxiào) derives from

 (yǒu) as in own (拥有 yōngyǒu) or useful (有用 yǒuyòng);  (xiào) as in effect (效果 xiàoguǒ), efficiency (效率 xiàolǜ) or effectless (无效 wúxiào).

有效 (yǒuxiào) as in effective treatment (有效治疗 yǒuxiào zhìliáo) or term of validity (有效期 yǒuxiàoqī).

(fēng) as in harvest (丰收 fēngshōu); (yù) as in rich (富裕 fùyù).

Also see: abundant in that factor; factor.

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