Social Sciences, asked by nsrinivassrinivas14, 6 months ago

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

Answers

Answered by StunningBabe27
0

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\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

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