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What are the characteristics of labor as factors of production?
Wiki User
∙ 12y ago
1.it is perishable, e.g. eventually used up
2.cannot be separated from the producer.
3.it is mobile.
4.basic factor of production.
5.quality can be improved.
Wiki User
∙ 12y ago
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Define factors of production?
Factors of production are the inputs for the production process. Three basic factors of production are land, labor, capital and entrepreneurship.
What are three factors of production?
Factors of production are the resources used in producing goods and services. The three factors of production are land, capital and labor.
What are the five factors of production?
The Five factors of production are:Land, Labor, Capital, Entrepreneurship and Knowledge-Land-Labor-capital-entrepreneurship-natural resources
What are the different factors of production?
There are four different factors of production and they are land, labor, capital and enterprise. These four factors are necessary in producing a commodity.
What are land labor capital and entrepreneurs?
Ze factors of production
Define factors of production?
Factors of production are the inputs for the production process. Three basic factors of production are land, labor, capital and entrepreneurship.
What are three factors of production?
Factors of production are the resources used in producing goods and services. The three factors of production are land, capital and labor.
What are the five factors of production?
The Five factors of production are:Land, Labor, Capital, Entrepreneurship and Knowledge-Land-Labor-capital-entrepreneurship-natural resources
What is a sentence for factors of production?
The factors of production are the resources needed for producing goods and services in an economy, including land, labor, capital, and entrepreneurship.
Factors of production history?
Factors of production are essential conditions or resources that favor economic production, and include land, labor, entrepreneurship, and capital.
What are the different factors of production?
There are four different factors of production and they are land, labor, capital and enterprise. These four factors are necessary in producing a commodity.
What are land labor capital and entrepreneurs?
Ze factors of production
Which are the three basic factors of production?
Land, Labor, and Capital.
Is labor and capital the only two factors of production?
False
Factors of production and its rewards?
land labor capital entrepreneur
What are the four factors of production of a car?
WHAT ARE THE FOUR FACTORS OF PRODUCTION FOR A CAR!? not land labor capital goods and entrepreneurship but what are the actual items
What were the three factors of production required to drive the Industrial Revolution?
What were three factors of production required to drive the industrial revolution? that is not an answer the answer is: Land, labor, and capital _______________ that is correct, thanks
