Question

Name and write about 4 factors of production ?​

Answer 1

Explanation:

Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship. The first factor of production is land, but this includes any natural resource used to produce goods and services.

Answer 2

Answer:

land , labour, capital and entrepreneur

Explanation:

land includes the physical space and natural resources required...

labour includes the people who are able to transform resources into finished products...

capital includes the amount or the money required for the process of transformation...

entrepreneur includes ideas and motivation for creation of valuable goods...