The factors of production are the inputs used to produce a good or service in order to produce income. Economists define four factors of production: land, labor, capital and entrepreneurship. These ...

Classical economic theory defines the factors of production as the three broad categories of input -- capital, labor and land (or natural resources) -- that contribute to the production of finished ...

You need resources to produce goods and services. Relative to the needs and wants of businesses and people, however, the economic resources to produce them are finite, and therefore subject to ...

The niche practice of crossing dairy cows with beef bulls is gaining momentum as an integral component of the global beef ...