What are the Four factors of production?

The four factors of production are Capital, Land, labour and Enterprise/EntrreprenurshipAn easy way to remember this is with the anagram CELL.

Answered by Gus J. Economics tutor

2188 Views

See similar Economics GCSE tutors

Related Economics GCSE answers

All answers ▸

Explain one negative externality that could occur due to the building of a new airport.


What are economies of scale?


Explain why a rise in GDP will lead to a rise in the standard of living


Which one of the following is the most likely consequence of an increase in the division of labour in the production of smartphones?


We're here to help

contact us iconContact usWhatsapp logoMessage us on Whatsapptelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo
Cookie Preferences