Social Sciences, asked by ngurshrahsel, 4 hours ago

describe the four factors of production​

Answers

Answered by bhartigupta534
0

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Factors of production are the resources people use to produce goods and services; they are the building blocks of the economy. Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship.

Answered by beenamanu
0

1. Capital

2. Land

3. Machinery

4. Raw materials

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