Economy, asked by itzpurpledna, 8 months ago

Explain in brief about the factors of production​

Answers

Answered by anishaprasad301
2

Answer:

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 crazylikeminnie87
13

Answer:

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.

Explanation:

hope it help you

Saranghae

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