Answer:
In economics, 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.
Explanation:
The four categories are:
1) Land - e.g.water.
2 ) Capital - e.g. machinery.
3) Labor - e.g. the effort of workers.
4) Entrepreneurship - e.g. the risk taking involved in organizing resources for production.
thank u mark me as a brainlist...
