Economy, asked by Anonymous, 9 months ago

4. WHICH FACTOR OF PRODUCTION SUMS UP ALL NATURAL RESOURCES REQUIRED FOR PRODUCTION? *

Answers

Answered by up8000419
1

Answer:

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. This includes not just land, but anything that comes from the land.

Similar questions