explain the major factors of production .
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Land
labour
capital
entrepreneurship
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vanshita3019:
yes its factors but full explain it
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Resources required for generation of goods or services, generally classified into four major groups:
Land (including all natural resources),
Labor (including all human resources),
Capital (including all man-made resources),
Enterprise (which brings all the previous resources together for production).
Land (including all natural resources),
Labor (including all human resources),
Capital (including all man-made resources),
Enterprise (which brings all the previous resources together for production).
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