Question

define production and name its factor?​

Answer 1

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Factors of production is an economic term that describes the inputs used in the production of goods or services in order to make an economic profit. These include any resource needed for the creation of a good or service. The factors of production include land, labor, capital and entrepreneurship.

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Answer 2

Answer:

the action of making or manufacturing from components or raw materials, or the process of being so manufactured.

Step-by-step explanation:

factors of production are :-

(i) Land

(ii) Labour

(iii) Physical capital

(iv) Human capital

Hope it will help u