what are the agents of production??
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land, labour, capital are agents of production
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The agents of production are commonly classed as Land, Labour and Capital. By Land is meant the material and the forces which Nature gives freely for man's aid, in land and water, in air and light and heat. ... In a sense there are only two agents of production, nature and man.
The production of goods, services, and income depends on the combined effects of four essential economic ingredients called the agents of production. Combining the four agents of production (land, labour, capital, and entrepreneurial coordination) creates a finished real estate product.
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