Question

define Land,labour, capital​

Answer 1

Answer:

Economists traditionally divide the factors of production into four categories: land, labor, capital, and entrepreneurship. Land refers to natural resources, labor refers to work effort, and capital is anything made that is used to make something else.

Answer 2

Answer:

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

• Land refers to natural resources.
• Labor refers to work effort.
• Capital is anything made that is used to make something else.

Explanation:

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