Economy, asked by ls9955239, 8 months ago

Name the different factors of production and the payment they receive for their service

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Answered by priyangshu0609

Answer:

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.

Explanation:

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Name the different factors of production and the payment they receive for their service​

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Name the different factors of production and the payment they receive for their service