Social Sciences, asked by ravikumaryaligar15, 11 months ago

what are resources explain any 4 factor for resources

Answers

Answered by Francislkd

Explanation:

Everything available in our environment which can be used to satisfy our needs, providing technologically accessible, economically feasible and culturally acceptable can be termed as resources.

There are 4 types of resources

1. Land

2.Labour

3. Physical capital

4. Human capital

Answered by laxmi1783

Answer:

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.

Explanation:

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