alexis465865 alexis465865
  • 03-05-2021
  • English
contestada

Which term describes a factor of production?

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chalenkisiah
chalenkisiah chalenkisiah
  • 03-05-2021

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.

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ajayilove134 ajayilove134
  • 03-05-2021

Explanation:

The raw materials and resources used in producing them

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