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Name the productive resources or factors of production needed (one for each category) when building a house

2 Answers

11 votes
Natural resources
Labor
Capital
Entrepreneurs
answered
User Darkerstar
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7.9k points
12 votes

Answer:

There are four categories of resources, or factors of production:

Natural resources (land)

Labor (human capital)

Capital (machinery, factories, equipment)

Entrepreneurship

answered
User Freaky Thommi
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8.2k points

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