Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students or your faculty member. 

Due Day 3

Innovation and physical capital are 2 of the 4 factors of production.

Respond to the following in a minimum of 175 words:

• Discuss some specific ways that 1 of the following laws increased the productivity of 1 or both of these factors of production:
• 1862 Pacific Railway Act
• 1956 Federal Aid Highway Act
• 1946 Federal Airport Act
• What other examples of economic concentration can you share?
• What are the risks and advantages to economic concentration?
• How has economic concentration influenced your industry?

 Due Day 7

Reply to at least 2 of your classmates or your faculty member. Be constructive and professional.

The establishment of the Federal Airport Act of 1946 enabled an increased development of civil aviation airports. Not only did it give way to physical production but also to innovation. First off, it made physical production from the use of land and human resources to build the airports. New products were integrated and manufactured to help build the structures necessary to make the buildings.