which are the main four factors of production
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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.
harshit5690:
hey thx for help but can u explain it in simple words
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_________HEY MATE________
FACTORS OF PRODUCTION---------
⚫ CAPITAL
⚫LABOUR
⚫LAND
⚫ ENTREPRENEURSHIP
HOPE THIS HELPS YOU ☺️
FACTORS OF PRODUCTION---------
⚫ CAPITAL
⚫LABOUR
⚫LAND
⚫ ENTREPRENEURSHIP
HOPE THIS HELPS YOU ☺️
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