Question

.. What are the factors required for the production of goods and services? Explain.​

Answer 1

Explanation:

The four factors of production are inputs used in various combinations for the production of goods and services to make an economic profit. The factors of production are land, labor, capital, and entrepreneurship. To put it in different terms, the factors of production are the inputs needed for supply.

Answer 2

it mostly required raw material for that it requires Expenditure (money) if this two things available u can start on rental place or u can buy yourself.

you have to prepare yourself for loss.bcz it is basic step of profit...