vinceb665 vinceb665
  • 03-01-2021
  • Social Studies
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2. a. Describe What are the factors of production?

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ramoscelena
ramoscelena ramoscelena
  • 03-01-2021

Answer:

Factors of production are the resources people use to produce goods and services; they are the building blocks of the economy. Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship.

Explanation:

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