Economy, asked by sjsvshan, 1 year ago

Hey❤ What are the objectives of factor of production?

Answers

Answered by devanshchoudhary17mc
3

Heyaa❤

Factors of production is an economic term that describes the inputs used in the production of goods or services in order to make an economic profit. These include any resource needed for the creation of a good or service. The factors of production include land, labor, capital, and entrepreneurship

Answered by cherry3890
1

Answer:

I) Land

II) Labour

III) Capital

Iv) entrepreneurship

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