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Sunny_sXe [5.5K]
3 years ago
15

2. a. Describe What are the factors of production?

Social Studies
1 answer:
Vinvika [58]3 years ago
8 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.

Explanation:

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