Economy, asked by hadiyadec05, 4 months ago

explain the main factors for production off goods and services​

Answers

Answered by zufishaazmi2208
0

Answer:

explain the main factors for production off goods and services

Answered by arthkunder33
0

Land, labour, physical capital and human capital

There are four main factors of production of goods and services. these include :

1.  Land : The physical space on which infrastructure of production is established.

2.  Labour : The work force is another factor of production.

3.  Capital : The money invested or borrowed is another main factor of production of goods and services.

4.  Entrepreneurship : The ideas and planning of a better business.

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