Economy, asked by sushila2087, 5 hours ago

explain the factor of the are needed for producing good and services on land​

Answers

Answered by ITZMEGOVARDHANREDDY
0

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. ... These resources can be renewable, such as forests, or nonrenewable such as oil or natural gas. The income that resource owners earn in return for land resources is called rent.

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