Social Sciences, asked by martishanongdhar, 5 hours ago

(Long answer type questions). Q5. Explain production. What factors are needed for production?

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Answered by alanw5926

Answer:

Explanation: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.

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(Long answer type questions). Q5. Explain production. What factors are needed for production?​

Answers

(Long answer type questions). Q5. Explain production. What factors are needed for production?