Explain any three factors of production.

1.	Explain any three factors of production.
Answer» Explanation: 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. *⋆ ˚｡⋆୨୧˚　˚୨୧⋆｡˚ ⋆⋆ ˚｡⋆୨୧˚　˚୨୧⋆｡˚ ⋆***

Answer»

Explanation:

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.

⋆ ˚｡⋆୨୧˚　˚୨୧⋆｡˚ ⋆⋆ ˚｡⋆୨୧˚　˚୨୧⋆｡˚ ⋆

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Explain any three factors of production.​

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Explain any three factors of production.