what are the factors of production?
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The factors, of production are the resources that include land, labor, capital, and enterprise. ADVERTISEMENTS: Land involves natural resources labor is associated with human resources, capital includes manmade resources, and enterprise combines all the three factor, to carry out the production process.
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the four factors of production
land(including all natural resources)
labour (including all human resource)
capital (including all man made resource)
Enterprise (which brings all the previous resources together for production.)
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