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Factors of production examples ​
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Factors of production examples ​

User Moseph
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Land
The physical space and the natural resources in it (examples: water, timber, oil)

Labour

The people able to transform resources into goods or services available for purchase

Capital
A company's physical equipment and the money it uses to buy resources
User Krekin
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capitalknowledge

land

labor

capital

entrepreneurship

User Tsilavina
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