Asked by
Johana Cortez
on Nov 05, 2024Verified
The inputs into the process of production are called factors of production.
Factors of Production
The assets employed to produce goods and services, encompassing land, labor, capital, and entrepreneurship.
- Acquire knowledge on the concept and significance of capital in the economy.
Verified Answer
SB
Learning Objectives
- Acquire knowledge on the concept and significance of capital in the economy.