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Natasha2012 [34]
3 years ago
11

Please define ‘factors of production’. Why are these necessary to industrialize and start businesses?

History
1 answer:
adelina 88 [10]3 years ago
8 0

Answer:

It is an economic term that describes inputs in production of goods/services in order to make a profit. These include: Land, labor, capital, and entrepreneurship.

Explanation: Have a great Thanksgiving :)

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