Question

what are the four requirements of production? explain it also.
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Answer 1

hi all

The four requirements of production of goods and services are land, labor, physical capital and human capital. Land is the physical place where all the economic activity takes place. Land plays an important part in production because land itself and the resources on it are usually limited.

Answer 2

Answer:

land

labour

physical capital

Human capital

These are the four requirements of production