Question

Whicharethefourmainfactorsofproduction?​

Answer 1

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.

Answer 2

Answer:

1. Land

2. Labour

3. Capital

4. Entrepreneurship

Explanation:

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, labour, capital, and entrepreneurship.