3 years ago

Which term describes a factor of production?

English

2 answers:

podryga [215]3 years ago

7 0

Explanation:

The raw materials and resources used in producing them

liq [111]3 years ago

3 0

Answer:

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.

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