Answer:
Inputs used in the production process of goods and services
Explanation:
These factors of production includes land, labour, capital and entrepreneur.
Land: this refers to all natural factors of production used In the production of goods and services. An example is water
Labour; labour is peoples contribution towards the production of goods and services. An example is a waiter who serves food in a restaurant.
Capital: capital is the tools, equipments used in the production of goods and services. Owners of capitals earn interest. An example is a tractor
The entrepreneur is one who combines all other factors of production for the sake of profit. Example is an innovator like bill gates
