Economics- Factors of Production

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Resources that are found in nature and used in the production of goods and services.

Goods, such as machines and tools, used in the production of other goods and services.

What are the four factors of production?

The skills, talents and education of people used in the production of goods and services.

What does NOT describe an entrepreneur?

Natural resources include

Capital resources are always _________________________.

How can a business increase their human capital?