prestonmahon prestonmahon
  • 13-09-2022
  • Social Studies
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natural resources including trees and oil are part of witch factor of production?

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AashutoshSigdel
AashutoshSigdel AashutoshSigdel
  • 13-09-2022

Answer:

The first factor of production is land, but this includes any natural resource used to produce goods and services. This includes not just land, but anything that comes from the land. Some common land or natural resources are water, oil, copper, natural gas, coal, and forests.

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