Economy, asked by Eshal8512, 8 months ago

How can the factors of production and distribution solve scarcity?

Answers

Answered by ir825274
2

Explanation:

Economic growth only comes from increasing the quality and quantity of the factors of production, which consist of four broad types: land, labor, capital, and entrepreneurship. The factors of production are the resources used in creating or manufacturing a good or service in an economy.

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