||| Menu

Factors of production

> < Factors of production Picture Slideshow
Factors of production Picture Slideshow
left
left
    Factors of production Picture Slideshow
    The factors of production
    Factors of production Wallpaper
1721
1

In economics, factors of production (or productive inputs) are the resources employed to produce goods and services. They facilitate production but do not become part of the product (as with raw materials) or become significantly transformed by the production process (as with fuel used to power machinery). To 19th century economists, the factors of production were land (natural resources, gifts from nature), labor (the ability to work), and capital goods (human-made tools and equipment).

by cyborg



29-May-10, 11:22 am

Please leave a comment on Factors of production

Gloria Foy

20-Oct-11, 12:02 am
151 Views

Fontina

31-Jul-10, 6:14 pm
183 Views

Aviation_histor..

28-Jun-10, 1:19 pm
199 Views

Diary_of_a_Madm..

31-Aug-10, 2:43 pm
169 Views

Sinbad (enterta..

18-Jun-10, 10:14 am
163 Views

House centipede

28-Jun-10, 1:56 pm
237 Views

Mars Bar

18-Jun-10, 9:07 am
220 Views

Lamborghini Miu..

18-Jun-10, 10:15 am
613 Views

Knights who say..

28-Jun-10, 1:44 pm
409 Views

Cervical verteb..

7-Jul-10, 12:06 pm
939 Views
Top