At Westonci.ca, we make it easy to get the answers you need from a community of informed and experienced contributors. Experience the ease of finding accurate answers to your questions from a knowledgeable community of professionals. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.
Sagot :
Final answer:
Factors of production are the key resources needed to produce goods and services in an economy, including land, labor, capital, and entrepreneurship.
Explanation:
Factors of production are the essential resources needed for the production of goods and services in an economy. These factors include land, labor, capital, and entrepreneurship. For example, labor represents the human effort applied to production, capital includes tools and machinery, and land encompasses natural resources used in production.
Learn more about Factors of Production here:
https://brainly.com/question/988852
Thanks for stopping by. We are committed to providing the best answers for all your questions. See you again soon. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Thank you for using Westonci.ca. Come back for more in-depth answers to all your queries.