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Land, Labour, Capital and Entrepreneurship are the factors of production. Examples are Land, Labour in the form of employees, Capital like machinery used in different companies and industries are examples of factors of production.

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Wiki User

11y ago
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Wiki User

9y ago

There are four main factors of production in economics. These four are capital, land, labor and entrepreneurship. These are the inputs used for successful production.

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Les Kat

Lvl 2
2y ago
  • Entrepreneur
  • Capital
  • Labour
  • Land
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Shyann Murazik

Lvl 1
2y ago
great answer thanks!

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Q: Example of what factor of production?
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