In the 21st century, many outputs are becoming increasingly abstract. What good or service does Facebook provide, for instance? What about Venmo or YouTube? In these cases, the inputs, or factors of production, are evolving, too.

For this prompt, pick a contemporary companyone started in the last 20 yearsand identify the company's primary output.Consider the specific factors of production that go into their output and pick the factor of production that you think is most important for that business. Why do you think it's the most important?

For your reply, compare your peer's analysis to a factor of production you would consider least important.

For your citation, you might use articles that show examples of how tech startups and modern businesses are developed, organized, or operated. You can also find articles from experts that discuss what traditional (or nontraditional!) resources these companies tend to use and what they've started to cut from their production processes.