Question

6) 6.Name the factor that involves money, equipment
and tools and any items to produce goods and
services.?​

Answer 1

Answer:

Economists divide the factors of production into four categories:

Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship.

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.

Answer 2

Answer: That has been produced but is also used to produce other goods and services. Factor of production includes machinery, tools, equipment, buildings, and technology.