Which of the following is an example of a factor of production?
A) natural resources
B) government
C) charities
D) the economy

Name: Which of the following is an example of a factor of production? A) natural resources B) government C) charities D) the economy
Brand: Quizplus
Rating: 4.8 (33 reviews)

Question

Quizplus · Accepted Answer

Factors of production are resources used to produce goods and services. Natural resources, such as land, water, and minerals, are a primary factor of production. Government, charities, and the economy are not considered factors of production.

Which of the Following Is an Example of a Factor