which are the factors of production?name them
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Answered by
60
Answer:
There are Four types of production
1 land
2 labour
3 capital
4 Entrepreneurship
Answered by
15
Answer:
QUESTION. ⬇️
which are the factors of production?name them
ANSWER. ⬇️
Factors of production are the resources people use to produce goods and services; they are the building blocks of the economy. Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship.
THERE NAMES. ⬇️
Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship. The first factor of production is land, but this includes any natural resource used to produce goods and services.
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