production land

What Are The 4 Major Factors Of Production And Know Examples For Each Type?

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What Are The 4 Major Factors Of Production And Know Examples For Each Type? Land Labor Entrepreneurship The physical space and the natural resources in it (examples: water, timber, oil) The people able to transform resources into goods or services available for purchase The idea and motivation for creating a valuable good or service for

What Is The Basic Difference Between Two Factors Of Production Land And Capital Class 9?

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What Is The Basic Difference Between Two Factors Of Production Land And Capital Class 9? What is the basic difference between two factors of production-land and capital? Land is a natural resource whereas money is man-made. It is possible to increase capital, whereas land is fixed. What is the difference between two factors land and