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24 November, 02:40

Factors of production with example.

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  1. 24 November, 03:49
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    The factors of production are land, labor, capital and entrepreneurship. Land: an example of land can be a forest, a river, or something that was not caused or made by a human. Labor: labor is jobs. anyone who has a job is apart of the labor factor. Capital: Is maybe a tall building, a sculpture, A house, anything made by a human. Entrepreneur: someone who starts their own business or creates something.
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