Register

What are factors of production?

What are factors of production?
asked 180k views
0 votes
What are factors of production?

asked
User Kristof Claes
by
8.0k points

2 Answers

5 votes

human, natural, and capital resources that are used to make products to be sold

answered
User Rckoenes
by
8.3k points
3 votes
Factors of production is an economic term that describes the inputs that are used in the production of goods or services in order to make an economic profit. The factors of production include land, labor, capital and entrepreneurship.


2all the resources used to produce any goods and services
answered
User Dbasch
by
7.8k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

What goal of the constitution was also a goal of the Magna Carta?
is it true or false that after the american revolution conflicts in the northwest territory erupted between remaining british soldiers and native americans
Who made dutch claims in north america?
Link Copied!