Economics 0455 · IGCSE · The factors of production

The factors of production — practice question

Which statement concerning the factors of production is correct?

  • ACapital is a financial resource and includes savings in banks.
  • BEnterprise is limited in supply and includes office workers.
  • CLabour is a human resource and includes pensioners and children.
  • DLand is a natural resource and includes trees and fish.

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