Economy, asked by yashrrtttt4134, 9 months ago

Why are factors of production called so?

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Answered by St08

10

Answer:

In economics, factors of production, resources, or inputs are what is used in the production process to produce output—that is, finished goods and services. ... Materials and energy are considered secondary factors in classical economics because they are obtained from land, labour, and capital.

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Answered by devnaguleria32646

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