Question

Write any three factors for production of goods and labour

Answer 1

$</p><p>\Huge{\Arial{\red{\underline{ANSWER}}}}$....

$<b>$

Factors of production is an economic term that describes the inputs used in the production of goods or services in order to make an economic profit. They include any resource needed for the creation of a good or service. The factors of production include land, labor, capital and entrepreneurship

Answer 2

Hay mate....

There are 4 factors of production...

1. Land - land and other resources are needed to produce a product.

2. Labour - some work needed skilled labour and educated labour. And some work need Manuel labour.

3. Physical capital - physical capital means tools , machines...etc..

There are two type of physical capital..... (i) working capital.

(ii) fixed capital.

4. Human capital - human capital means knowledge, education and health together to produce a good.

If we put land, labour , physical capital and human capital together we are able to produce a product.

Hope this will help you....

Be brainliest .......