Discuss the four factor of production

1.	Discuss the four factor of production
Answer» ANSWER: 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.

Answer»

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.

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Discuss the four factor of production

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