Question

explain any two requirements for production of goods and servics​

Answer 1

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$\implies$ᴛʜᴇ ғᴀᴄᴛᴏʀs ᴏғ ᴘʀᴏᴅᴜᴄᴛɪᴏɴ ᴀʀᴇ ʀᴇsᴏᴜʀᴄᴇs ᴛʜᴀᴛ ᴀʀᴇ ᴛʜᴇ ʙᴜɪʟᴅɪɴɢ ʙʟᴏᴄᴋs ᴏғ ᴛʜᴇ ᴇᴄᴏɴᴏᴍʏ; ᴛʜᴇʏ ᴀʀᴇ ᴡʜᴀᴛ ᴘᴇᴏᴘʟᴇ ᴜsᴇ ᴛᴏ ᴘʀᴏᴅᴜᴄᴇ ɢᴏᴏᴅs ᴀɴᴅ sᴇʀᴠɪᴄᴇs. ᴇᴄᴏɴᴏᴍɪsᴛs ᴅɪᴠɪᴅᴇ ᴛʜᴇ ғᴀᴄᴛᴏʀs ᴏғ ᴘʀᴏᴅᴜᴄᴛɪᴏɴ ɪɴᴛᴏ ғᴏᴜʀ ᴄᴀᴛᴇɢᴏʀɪᴇs: ʟᴀɴᴅ, ʟᴀʙᴏʀ, ᴄᴀᴘɪᴛᴀʟ, ᴀɴᴅ ᴇɴᴛʀᴇᴘʀᴇɴᴇᴜʀsʜɪᴘ.

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Answer 2

Land , Labour , physical capital and human capital