Economy, asked by shreyhs2007, 1 month ago

Explain the factors responsible for production. Give

one example of each.​

Answers

Answered by sandhyakandregula12
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.

Similar questions