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land, labor, capital and entrepreneurship

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Q: What do you call the four resources needed to produce goods and services?
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Related questions

What resources are needed to produce goods and services?

production materials


What are resources needed to produce goods and services called?

Factors of production


What is needed to produce goods and services?

Productive resources: Human, Capital, Natural, Management, Entrepreneurs, and Technology


What does economist mean by the term Land?

all Natural Resources used to produce goods and services.


Do you believe Grenada resources is utilizing to produce goods and services?

i think there goods and services are excellent!!


What is the use of resources and machinery to produce goods and services?

good


What are the resources employed to produce goods and services?

Factors of production


What are the three main kinds of resources and how is each one define?

The three main kinds of resources are natural, human, and capital. Natural Resources are gifts of nature, human resources are skills people have to produce goods and services, and capital resources are the things people make, such as machines and equipment, to produce goods and services.


Manufactured goods needed to produce other goods and services are called?

Capital Goods.


What is the definition of factors of production?

The resources used to produce goods and services.


The degree in which resources are being used to produce goods and services?

Productivity


What is the definition of factor of product?

The resources used to produce goods and services.