What are the 4 Factors of Production? Land, Labor, Capital, and Entrepreneurship
Peak Frameworks
JUNE 5, 2023
This guide aims to provide a comprehensive breakdown of these fundamental pillars of economics, establishing a sturdy foundation for your journey in finance. Traditionally, they comprise Land, Labor, Capital, and Entrepreneurship , each serving as a unique input used in the creation of goods or services aimed at generating profit.
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