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What are the four factors of production that an economy needs in order to produce something?
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What are the four factors of production that an economy needs in order to produce something?

User A H K
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Answer:

Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship. The first factor of production is land, but this includes any natural resource used to produce goods and services.

User Sagar Naliyapara
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