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The Factors of Production

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Todd Borngesser

on 5 September 2012

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Transcript of The Factors of Production

The Factors of Production Natural Resources These include any raw materials that a company uses.
Examples: Trees, soil, water, etc. Capital Resources Any supply that a company uses like trucks, planes
machines, factories, etc. Labor Resources The skilled and knowledgeable workers
needed to perform tasks. Entrepreneurs The people or group of people who
bring all of the resources together necessary
for production to occur.
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