Define capital labour and Land
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➡️ ➡️ ➡️ ➡️ ➡️ ➡️ ➡️ ➡️ ➡️ The economic inputs used to make a profit are called factors of production.
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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 resources used to produce goods and services
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