What are the various factors of production required for goods and services?
Answers
Answered by
0
Answer:
water
soil
I hope it will help you
Answered by
4
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.
Similar questions
Computer Science,
1 month ago
Math,
1 month ago
Hindi,
1 month ago
Chemistry,
3 months ago
Science,
3 months ago
Math,
10 months ago
India Languages,
10 months ago