There are four different categories or production in business, these are: capital, <span>labor, </span>land and <span>entrepreneurship. </span> Hope this helps.
The correct answer is: "Factors of production are 4: land, capital, labor and entrepeneurship".
Land: natural resources such as minerals, energy sources, urban or countrysde soil, etc.
Capital: also called physical capital, is the human-generated factor of production and it is consituted by goods which are used for the production of other goods: machines, tools, facilities, infraestructures, etc.
Labor: phsyical and intelectual skills of the people employed in a production process.
Entrepeneurship: organizational skills to coordinate the other three factors of production with the final aim of producing goods and services.
