It was the "Treaty of Versailles" that was labeled by the Nazis as <span>unfair to Germany, since this treaty demanded harsh reparations from Germany that were almost impossible to pay. It also forbid Germany from developing a strong military. </span>
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. ... Land resources are the raw materials in the production process.
