Social Sciences, asked by gathpaakshithareddy, 2 months ago

What are the four factors of production of goods and services?​

Answers

Answered by faiz102005
2

Answer:

The factors of production are resources that are the building blocks of the economy; they are what people use to produce goods and services. Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship.

Answered by poojithashankar2008
1

The factors of production are resources that are the building blocks of the economy; they are what people use to produce goods and services. Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship.

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