Labor (L)
management
CAPITAL
capital
management
Labor(L)
management
CAPITAL
labor
capital
management
Capital Study islafd
Labor(L)
Labor(L)
Entrepreneurship
land(t)
Entrepreneurship (E)
A factory is considered capital in the factors of production. Capital is any good that was used to create other goods. Since the factory is not a natural resource it can't be land, since it's not the actual workers within the factory it can't be labor, so it has to be capital.