Geography, asked by tiwariaman8419, 9 months ago

explain any one factors of production (short type)

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Answered by Anonymous

1

Answer:

The factors of production are resources that are the building blocks of the economy; they are what people use to produce goods and services. Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship. ... Land resources are the raw materials in the production process.

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