19.0k views
1 vote
What are the factors of production involved in starting a business?

User Rondi
by
7.2k points

1 Answer

3 votes

Answer:

land, labor, capital, and entrepreneurship.

Step-by-step explanation:

Factors of production are resources that are the building blocks of the economy; they are what people use to produce goods and services. Economists divide the factors of production into four categories

User Kosmonaft
by
8.0k points