What are the factors of production?

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02-01-2017
Business

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What are the factors of production?

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hope51 hope51 · Answer 1 · 2017-01-02T17:22:59+01:00

hope51 hope51

02-01-2017

Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship. The first factor of production is land, but this includes any natural resource used to produce goods and services

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Аноним Аноним · Answer 2 · 2019-03-14T11:57:30+01:00

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human, natural, and capital resources that are used to make products to be sold

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