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Land, Labour, Capital, and Enterprise

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15y ago

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Australia's 4 factors of production?

Australia's (and every other country) four factors of production are:LandLabourCapitalEntrepreneurship.Hope this helps


What are factors of production name any four factors of production.?

Factors of production


Is carpenter one of the 4 factors of production?

No, a carpenter is not one of the four factors of production; rather, they represent human labor. The four factors of production are land, labor, capital, and entrepreneurship. Labor encompasses the skills and efforts of individuals, such as carpenters, who contribute to the production process.


What are 4 factors of production and their remuneration in detail?

There are four factors of production. The first is land, which payments are for rent. The second is labor, for which the payment is wage. The third is capital, and the payment is interest. The fourth is entrepreneurship and the remuneration is profit.


Why do some firms remain small?

Because they might not have the 4 factors of production and the cost of production me be too high or to much for them to handle.


Define factors of production?

Factors of production are the inputs for the production process. Three basic factors of production are land, labor, capital and entrepreneurship.


Factors of production of photography?

what factors of production is needed for photography


Discuss the mobility of factors of production?

mobility of factors of production


How to increase or improve the factors of production?

how to improve factors of production


What are the 4 economic factors of production on Chocolate?

Cost of cocoa beans Scale of production Cost to convert to chocolate Cost of selling and distribution


What are the 4 basic inputs that make up the factors of production?

land , labour , capital , organization


What are three factors of production?

Factors of production are the resources used in producing goods and services. The three factors of production are land, capital and labor.