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Finger [1]
3 years ago
11

Give me a definition of factors of production

History
2 answers:
denis23 [38]3 years ago
4 0

Answer:

Factors of production is an economic term that describes the inputs used in the production of goods or services in order to make an economic profit.

Explanation:

Alexxandr [17]3 years ago
3 0

Answer:

Labour

entrepreneurs

capital

natural resources( land)

Explanation:

these are the four factors of production that meet the people's needs and wants. People have made and produced goods and services for any production to take place.

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