what type of resources are needed by the production activities
Answers
Land, labour, capital and enterprise (human capital)
Answer:
A Natural Resources, Man made items, Human effort and money are type of resources are needed by the production activities.
Explanation:
Production activities need various types of resources which include - A Natural Resources, Man made items, Human effort and money.
The resources that make up the economy's foundation and are used as production factors by individuals to create goods and services The four categories of factors of production that economists distinguish between are land, labor, capital, and entrepreneurialism. One of the most crucial steps in the manufacturing process, production is fundamental to what it means to be a manufacturer. Without this activity, no finished products would be produced, leaving no products for customers to purchase. The amount of goods or services (outcomes) produced per unit of resource is known as resource productivity. The monetary yield per unit resource is a way to express this in monetary terms.