Question

Cotton is considered a factor of production, what category does cotton fall under?

Answer 1

Answer:

Capital

Explanation:

Factors of production refers to every single resources that are needed for a business entity to continue their operations.

In factors of production categorization, capital will include things such as the money that investors put up to purchase the necessities , physical tools that the workers use, plantations, Materials, and Machines/ equipment.

Cotton is considered as a raw material before it's being transformed into another product (such as bed or clothing).