Question

4 What are the factors of production ? Name any four factor of production ?

Answer 1

Answer:

Factors of Production :-

Factors of production is an economic term that describes the inputs used in the production of goods or services in order to make an economic profit.

Four factors of production are :-

1) Land

2) Labour

3) Capital

4) Entrepreneurship

Hope it will help you

Please mark me as brainliest

Answer 2

Answer:

every production is organized by combining land, labour, physical capital and human capital which are known as factors of production

They are :

Land

Labour

Physical Capital

Human Resources/Enterprise