What are the main factors of production of goods and services? Explain.
Answers
Answered by
3
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. ... Land resources are the raw materials in the production process.
I hope it will help you ♥️♥️ buddy...
follow me......
Answered by
4
Answer:
the factor of production are resources that are building blocks of the economic they are what people used to produce goods and services the factors of production in our four types land ,labour, capital enterpreneurship. hope so it will be useful to you dear
Similar questions