Question

(2) Which are the factors of productions ? Name them.​

Answer 1

Answer:

The factors of production are land, labor, capital, and entrepreneurship.

To put it in different terms, the factors of production are the inputs needed for supply.

These include any resource needed for the creation of a good or service.

The factors of production include land, labor, capital, and entrepreneurship.

The most important factor for the production is capital and economic value .