Explain the main factors of production
Answers
Answered by
0
Main factors of production are.
Land
Labour
Capital
Entrepreneurship
These are the inputs that are required to run an economic activity and make it profitable. That is why these four are called factors of production.
Land
Labour
Capital
Entrepreneurship
These are the inputs that are required to run an economic activity and make it profitable. That is why these four are called factors of production.
Similar questions