Economy, asked by Anonymous, 3 months ago

Good morning everyone explain the factors of production in an economy.​

Answers

Answered by Ashishchaturvedi
1

Answer:

good. morning

Explanation:

Factors of Production - The Economic Lowdown Podcast Series. Factors of production are the resources people use to produce goods and services; they are the building blocks of the economy. Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship.

Answered by Itzlonely13
4

ANSWER

Factors of Production - The Economic Lowdown Podcast Series. Factors of production are the resources people use to produce goods and services; they are the building blocks of the economy. Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship.

Hope it helps you

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