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Why are the factors of production important to economics?

a They are not important and economic growth can still occur without them.
b They are the resources that we are able to get from the land.
c They provide everything a person needs to everyone in the world.
d They are the building blocks of the economy and are what people use create ideas, to produce goods and services.

1 Answer

2 votes

Answer:

d They are the building blocks of the economy and are what people use create ideas, to produce goods and services.

Step-by-step explanation:

After reading this question I think the best answer choice would be d. Seeing that factor of production are interwoven together to create economic growth.

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User Asqan
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