Question

Write two factors which are needed for
Producing Goods and Services​

Answer 1

Answer:

The factors of production are resources that are the building blocks of the economy; they are what people use to produce goods and services. Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship.

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Answer 2

Answer:

land, labor, capital, and entrepreneurship are the factors which are needed for Producing Goods and Services.