Question

Two major factors of production are

Answer 1

Land, labor, and capital as factors of production were originally identified by the early political economists such as Adam Smith, David Ricardo, and Karl Marx. Today, capital and labor remain the two primary inputs for the productive processes and the generation of profits by a business

HERE'S YOUR ANSWER I HOPE IT'LL HELP YOU:)

Answer 2

Answer:

The major factors of production would be Land and Labour. This is because without resources it is impossible to make production. Land and labour constitutes a major part in the production of a good.

Hence option ( b ) would be correct

Explanation: