Explain the term Factor.
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noun
1.
a circumstance, fact, or influence that contributes to a result.
"his skill was a factor in ensuring that so much was achieved"
synonyms:element, part, component, ingredient, strand, constituent, point, detail, item, feature, facet, aspect, characteristic, consideration, influence, circumstance, thing, determinant
"this had been a key factor in his decision to withdraw"
I hope help you
1.
a circumstance, fact, or influence that contributes to a result.
"his skill was a factor in ensuring that so much was achieved"
synonyms:element, part, component, ingredient, strand, constituent, point, detail, item, feature, facet, aspect, characteristic, consideration, influence, circumstance, thing, determinant
"this had been a key factor in his decision to withdraw"
I hope help you
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Answer:
The term factor varies according to the contexts. According to the English dictionary, it refers to a circumstance or fact.
In mathematics, it refers to the number that when gets multiplied to another one, gives a specific number/expression.
Again, in the case of economics, factor refers to the fundamental resources required for any production unit. The factors of production are land, labour, capital, and entrepreneur.
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