Economy, asked by farhan6512, 11 months ago

3. What are the factors
of production?

Answers

Answered by ranishubhashni

Answer:

Though the number and variety of the different resources businesses require is limitless, economists divide the factors of production into three basic categories: land, labor, and capital. Land refers to all of the natural resources that businesses need to make and distribute goods and services.

Explanation:

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