Various resources, taken as a collective group, which contribute to the production of a product or service.
Related information about factors of production:
- Factors of production - Wikipedia, the free encyclopedia
In economics, factors of production are the inputs to the production process. Finished goods are the output. Input determines the quantity of output i.e. output ...
- Factors Of Production Definition | Investopedia
An economic term to describe the inputs that are used in the production of goods or services in the attempt to make an economic profit. The factors of production ...
- What is factors of production? definition and meaning
Definition of factors of production: Resources required for generation of goods or services, generally classified into four major groups: (1) Land (including all ...
- 4 Factors of Production - Land Labour Capital and Enterprise
Nov 27, 2010 ... 4 Factors of Production - Land Labour Capital and Enterprise, article posted by Gaurav Akrani on Kalyan City Life blog.
- Factors of production Production process business studies and ...
The term factors of production relates to the key factors that go into making goods . It is common practice to break these down under a number of headings: ...
- Factors of production: A Glossary of Political Economy Terms - Dr ...
Economists often find it useful for purposes of theoretical simplification to group the millions of different sorts of factors of production into several very broad ...
- Factors of Production
Land, labor, and capital are referred to as "factors of production. Each factor is plays a unique role in the production of goods, and each factor is clearly ...
- Factors of production - AmosWEB
All four factors of production categories are important to the production of goods used in the wants-and-needs-satisfying process that keeps human beings alive ...