Name three things businesses need in order to begin producing goods or services

The first thing you need to produce goods or services is: Money or Capital then in the same order Material Resources and last but not least Labor.

In modern day businesses?

If so, they need machines, workers, and a place of work.

in all honesty, it really hasn't. except that hitler killed himself.

he risk-return relationship. generally, the higher the potential return of an investment, the higher the risk. there is no guarantee that you will actually get a higher return by accepting more risk. diversification enables you to reduce the risk of your portfolio without sacrificing potential returns.

explanation: