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What is another term for 'factors of production'​

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Answer:

Inputs

Step-by-step explanation:

Factors of production are the inputs required in creating goods and services. They include land, capital, entrepreneurship, and labor. These four factors are used in different combinations in the production of products and services. Generating an economic profit is the main motivation for engaging production.

Factors of production are also known as inputs.

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User Ed King
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