Social Sciences, asked by aryanparasramka, 9 months ago

Discuss in detail the factors of production and its requirements? Pls answer the whole question

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Answered by Anonymous

Answer:

$<body bgcolor=black><marquee direction="up"scrollamount=5>Factors of production is an economic term that describes the inputs used in the production of goods or services in order to make an economic profit. These include any resource needed for the creation of a good or service. The factors of production include land, labor, capital and entrepreneurship$

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Answered by MeenaBanait

Answer:

Factors of Production

Land
Labour
Capital
Entrepreneur Ship
Knowledge
Natural Resources

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