The factors of production are resources that are the building blocks of the economy; they are what people use to produce goods and services. 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. This includes not just land, but anything that comes from the land. Some common land or natural resources are water, oil, copper, natural gas, coal, and forests. hope this helps
www.stlouisfed.org/education/economic-lowdown-podcast-series/episode-2-factors-of-production listen to this for more help
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Explanation:
A. They are able to please more moderate coters
Australia and England are gearing up for one of the biggest competitions in cricket - the Ashes. It is a special series of matches between England and Australia - and one of the longest-running rivalries in sport.
hope this helps!
U.S.<span> victory in the war produced a </span>peace treaty<span> that compelled the </span>Spanish<span> to relinquish claims on Cuba, and to cede sovereignty over Guam, Puerto Rico, and the Philippines to the </span>United States<span>. Hope this helped! :)</span>
