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There are 4 factors of production:

  • Land
  • Labor
  • Capital
  • Enterprise

And therefore, each individual controls part of the over all the factors of production. And collectively, the entire British population (including organizations such as the government, companies...) hold the factor of production.

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13y ago
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12y ago

the factors that affected Britain during the industrial revolution was Britain's abundant Natural Resources and the fact that it was a center of trade. it also had a stable political system and freer trade system than most other countries, there was high taxes but they werent high enough to limit trade and there werent restrictions on what was traded

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15y ago

Land, Labor, and Capital ( Money )

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Q: Who possesses the factors of production of England?
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