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The Factors of Production.
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For example, I work at a factory, and use a forklift. I use what I know about forklifts, and then use them.
Labor is people using their efforts and abilities to work.
Land is the natural resources we use to build with. Also they're not man made
For example, this land I'm standing on, you could build a factory on this plane.
For example, I'm a boss of a new sewing company. I thought of the idea and then made a business out of it.
An entrepreneur is a person who has the idea, and and then makes it a business.
Capital is the equipment used to build the factory or store.
For example, that forklift over there. It's being used to carry bricks
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