Question

Write the four requirements for production or what are the factors of production​

Answer 1

Explanation:

The four requirements of production of goods and services are land, labor, physical capital and human capital. Land is the physical place where all the economic activity takes place. Land plays an important part in production because land itself and the resources on it are usually limited.

Answer 2

ᴀɴsᴡᴇʀ:

• Land

• Labour

• Physical capital

• Human capital

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