Social Sciences, asked by krishnapallaiya, 6 months ago

what are he factors of production write about each in short

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Answered by Mrak4760

1

Answer:

The factors of production are resources that are the building blocks of the economy; they are what people use to produce goods and services. Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship. ... The second factor of production is labor.

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Answered by puranmals353

1

Answer:

The factors of production are resources that are the building blocks of the economy; they are what people use to produce goods and services. Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship. ... The second factor of production is labor.

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