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What are factors of production name any four factors of production.?
Factors of production
What are the four factors of production in making steel?
The four factors of production are: Natural resources Capital Labour Entrepreneurship.
What are the different factors of production?
There are four different factors of production and they are land, labor, capital and enterprise. These four factors are necessary in producing a commodity.
Factors involved in the production of a car?
There are a number of factors that may be involved in the production of a car. The actually creating a car is a factor inside of itself.
Which of the four factors of production must be prioritized?
The four factors of production (land, labor, capital and entrepreneur) must all present if you wish to improve the economic level of production.
What of the four factors of production is rubber?
Capital
What is the remuneration of each of of the four factors of production?
The remuneration of the four factors of production; land, labour, capital and enterprise are respectively, rent, wages, interest and profit.
How do the four factors of production affect the economy?
Production factors are essentially the resources needed to produce something. The four generally recognized production factors are land, labor, capital, and either entrepreneurship or time, according to different economists.
Income of the four factors of production?
The four factors of production earn the following income:Land earns rent.Labour earns wages.Capital earns interest.Entrepreneurship earns profit.Refer to "Factors of productions?" for the definition of each factor of production. This can be found at [ Factor_of_production]
Australia's 4 factors of production?
Australia's (and every other country) four factors of production are:LandLabourCapitalEntrepreneurship.Hope this helps
Is carpenter one of the 4 factors of production?
No, a carpenter is not one of the four factors of production; rather, they represent human labor. The four factors of production are land, labor, capital, and entrepreneurship. Labor encompasses the skills and efforts of individuals, such as carpenters, who contribute to the production process.
What are the four factors of production in capitalism?
the fourth kind
