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Sagot :
The basic types of resources used by producers are capital, labour and land.
What are the factors of production ?
Factors of production are resources used by producers in the production of goods and services. The factors of production include:
- Land : they are natural resources used to produce goods and services e.g. gold mine, land, water
- Labor: it is the effort used by people in the production of goods and services.
- Capital: it includes machinery and man made resources used in production e.g. hammer
To learn more about factors of production, please check: https://brainly.com/question/988852
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