What are the factors of production. Describe them briefly
Answers
Answered by
0
Explanation:
Factors of production is an economic term that describes the inputs used in the production of goods or services in order to make an economic profit. ... The factors of production typically include land, labor, capital, entrepreneurship, and the state of technological progress.
Answered by
1
Factors of production is an economic term that describes the inputs used in the production of goods or services in order to make an economic profit. ... The factors of production typically include land, labor, capital, entrepreneurship, and the state of technological progress.
hope it's helpful for u guys
Similar questions
Political Science,
4 months ago
Chemistry,
4 months ago
English,
4 months ago
Math,
9 months ago
English,
9 months ago
Economy,
1 year ago
Political Science,
1 year ago