factors of production Flashcards by Jack GRIEVE | Brainscape

Q

What is capital?

A

Capital is the equipment

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Q

What is enterprise?

A

Enterprise is the organisation and planning

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Q

What is land?

A

Land is the the building that is used

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Q

What is labour?

A

Labour is the workers

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Q

what are the four factors of production?

A

Capital, Enterprise, Land, Labour

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