Question

Which is the natural factor of production​

Answer 1

Answer:

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Explanation:

The first factor of production is land, but this includes any natural resource used to produce goods and services. This includes not just land, but anything that comes from the land. Some common land or natural resources are water, oil, copper, natural gas, coal, and forests. Land resources are the raw materials in the production process. These resources can be renewable, such as forests, or nonrenewable such as oil or natural gas. The income that resource owners earn in return for land resources is called rent.

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Answer 2

Answer:

the first factor of production is land

Explanation:

Natural factor of production is land but this includes natural resources to produce goods and services