Question

What are the main factors of production ?​

Answer 1

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Main factors of production are :

⚫Land

⚫Labour

⚫Fixed Capital

⚫Entrepreneurship

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Answer 2

Answer:

The four main factors of production are land, or the physical space and natural resources, labor, or the workers, capital, or the money and equipment, and entrepreneurship, or the ideas and drive, which are used together to make a successful attempt at selling a product or service according to traditional economic ...

Knowledge, entrepreneurship, labour, capital and land has described as factors of production needed in any economic system, so as to operate effectively.

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