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scoundrel [369]
3 years ago
15

As a factor of production, what is capital

World Languages
2 answers:
nasty-shy [4]3 years ago
6 0
The physical tool, plants, and equipment that allow for increased work productivity. Ex: hammers, tractors, assembly belts, computers, trucks, and railroads.
Dahasolnce [82]3 years ago
6 0
Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship. The first factor of production is land, but this includes any natural resource used to produce goods and services.
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