Register
What are the 4 factors of production and their characteristics?.
91.3k views
0 votes
What are the 4 factors of production and their characteristics?.

User Luckylooke
by
7.2k points

1 Answer

6 votes

Answer:

Land - All natural resources which is used to facilitate in production process

Capital - Things which are produced by only man

Labour - The mental and physical contribution to production process

Entrepreneurship

User Qdot
by
6.5k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.0m questions

11.6m answers

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
What is the best way to describe a stock market?
You sell popcorn during your schools football games. Knowing that the people usually buy more when the price is lower, how would you price your popcorn after halftime?
The government has decided that the free market price of cheese is too low. Farmers complain that the price floor has reduced their total revenue.Is this possible? Explain
Link Copied!