Economy, asked by jiweshmothay, 4 hours ago

what are the major factor of production in economics

Answers

Answered by kartiksharma0711

1

Answer:

The factors of production are land, labor, capital, and entrepreneurship.

Answered by Hyemi2008

16

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.

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