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3. What are the main factors
needed for economic
development?

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User Rohitsan
by
8.1k points

1 Answer

5 votes

Answer:

The factors of production are the resources used in creating and producing a good or service and are the building blocks of an economy. The factors of production are land, labor, capital, and entrepreneurship, which are seamlessly interwoven together to create economic growth

Step-by-step explanation:

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User Aungye
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