what are the main factors of production
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Explanation:
➻❥ʜᴇʏᴀ ᴍᴀᴛᴇ ʜᴇƦᴇ ɪS ʏᴏᴜƦ ᴀɴSᴡᴇƦ :
➻❥Eᴄᴏɴᴏᴍɪꜱᴛꜱ ᴅɪᴠɪᴅᴇ ᴛʜᴇ ғᴀᴄᴛᴏʀꜱ ᴏғ ᴘʀᴏᴅᴜᴄᴛɪᴏɴ ɪɴᴛᴏ ғᴏᴜʀ ᴄᴀᴛᴇɢᴏʀɪᴇꜱ: ʟᴀɴᴅ, ʟᴀʙᴏʀ, ᴄᴀᴘɪᴛᴀʟ, ᴀɴᴅ ᴇɴᴛʀᴇᴘʀᴇɴᴇᴜʀꜱʜɪᴘ. Tʜᴇ ғɪʀꜱᴛ ғᴀᴄᴛᴏʀ ᴏғ ᴘʀᴏᴅᴜᴄᴛɪᴏɴ ɪꜱ ʟᴀɴᴅ, ʙᴜᴛ ᴛʜɪꜱ ɪɴᴄʟᴜᴅᴇꜱ ᴀɴʏ ɴᴀᴛᴜʀᴀʟ ʀᴇꜱᴏᴜʀᴄᴇ ᴜꜱᴇᴅ ᴛᴏ ᴘʀᴏᴅᴜᴄᴇ ɢᴏᴏᴅꜱ ᴀɴᴅ ꜱᴇʀᴠɪᴄᴇꜱ.
➻❥ʜᴏᴘᴇ ɪᴛ ʜᴇᴘʟS ᴜʜ.......◉‿◉➻❥. ❤
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The four factors of production are land, labor, capital and entrepreneurship.
Explanation:
These are the inputs needed for supply. They're producing all the goods and services in the economy.
- Land is short on all available natural resources to generate supplies. It includes raw property and everything that comes from the ground. It could be a non-renewable resource.
- Labor is the work of the people. The value of the workforce depends on the training, skills and motivation of the workforce. It depends on productivity, too.
- Capital is short for capital goods. These are man-made objects such as machinery, equipment and chemicals used in manufacturing.
To know more:
what are the main factors of production of goods and services ...
https://brainly.in/question/1889336
What are the main factors of production - Brainly.in
https://brainly.in/question/1288445
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