1.2.1 The factors of production
Unit 1.2.1 - The factors of productionThis section of the Cambridge IGCSE Economics (0455) syllabus requires students to be able to define and provide examples of the factors of production land, labour, capital and enterprise.The term factors of production refers to the resources needed to produce any good or service. There are four categories of factors of production: land, labour, capital and enterprise.
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