There are four factors of production - land, labour, capital and enterprise. Land The natural resources used to provide a good or service such as water, a plot of land, fields, fish or coal Labour ...

Entrepreneurship is neither land, labor, or capital but most place entrepreneurs in the same critical category as more consistently identified factors of production. The factors of production ...

In order for economies to grow, it must increase the quality and quantity of their factors of production, which include land, labor, capital, and entrepreneurial activity. The resources used to create ...