Economy, asked by pushkarraj1664, 5 hours ago

explain the factors of production

Answers

Answered by soniya6635

Answer:

“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. The factors of production are land, labor, capital, and entrepreneurship.

Explanation:

Hope it may helps you:)

Answered by ayushchakraborty1292

Answer and Explanation:- Factors of production are nothing but it is an economic term that describes the inputs used in the production of goods or services in order to make an economic profit. The factors of production are land, labor, capital, and entrepreneurship.

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