9. what are the four factors of production?
each
one
line
Answers
Answered by
0
Answer:
Land/Natural Resources
Labor.
Capital. ...
Entrepreneurship.
Answered by
0
Answer:
The four factors of production are:
1. Land
2. Labour
3. Physical Capital
4. Human Capital
Step-by-step explanation:
Land- This is where the product is produced
Labour- This is what is used to produce any favorable product
Physical Capital- These are the inputs used to make a favorable output.
Human Capital- This is the superior-most factor of production. It is often the entrepreneur who is the human capital. The human capital contributes the country's GDP.
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