Social Sciences, asked by nsrinivassrinivas14, 7 months ago

what are the main important factors for the product of goods and servises​

Answers

Answered by StunningBabe27
0

\huge\red{\fbox{\rm{Your\: Answer-}}}

\tt\large\green\rightarrowThe 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 preeti4565
1

The factors of production are the resources used in creating and producing a good or service and are the building blocks of an economy. The factors of production are land, labor, capital, and entrepreneurship, which are seamlessly interwoven together to create economic growth

Similar questions