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The remuneration of the four factors of production; land, labour, capital and enterprise are respectively, rent, wages, interest and profit.
land labour capital enterprise
There are four factors of production: Land,labour,capital and enterprise(risk).
The remuneration of the four factors of production; land, labour, capital and enterprise are respectively, rent, wages, interest and profit.
capital:man-made machines usedentrepreneurship:person that starts a businessland:all natural resources found in the landlabor:all human resources
Land, Labour, Capital, and Enterprise
The remuneration of the four factors of production; land, labour, capital and enterprise are respectively, rent, wages, interest and profit.
land labour capital enterprise
There are four factors of production: Land,labour,capital and enterprise(risk).
The remuneration of the four factors of production; land, labour, capital and enterprise are respectively, rent, wages, interest and profit.
capital:man-made machines usedentrepreneurship:person that starts a businessland:all natural resources found in the landlabor:all human resources
Labour Land Capital Entrepreneurship
land labour physical capital
land- rent labour- wages capital- interests organisation- profit
Land, Capital and Labour. Land- The farm is based here, Capital- The money for the machinery, Labour- Workers on the farm.
Land, labor, capital, enterprise
Land labour capital entrepreneurship