Question

What are the factors of production?

Answer 1

Answer:

The four main factors of production are land, or the physical space and natural resources, labor, or the workers, capital, or the money and equipment, and entrepreneurship, or the ideas and drive, which are used together to make a successful attempt at selling a product or service according to traditional economic ...

Explanation:

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Answer 2

Answer:

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Factors of production refer to the different elements that are used in producing goods and services.Factors of production are inputs into the productive process.

Factors of production :-

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