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Those things necessary to produce goods and services

1 Answer

7 votes

Answer:

HERE

Step-by-step explanation:

Land refers to all natural resources used to produce goods and services. Labor is the effort people devote to tasks for which they are paid. Capital refers to any human-made resource that is used to produce other goods and services. An economy requires both physical and human capital to produce goods and services.

HOPE THIS HELPS

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User Jeff Trull
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