Register now or log in to join your professional community.
The factors of production or economic resources majorly comprise of Natural,Human and Capital resources used for creating new products/things to fulfill demands.
Also, we can say economic resources consists of labor,land,capital and entrepreneurship as factors for creating the products and fulfilling the needs.
There are three basic resources: land, labor and capital.
they are not just theree, and for what kind of oganization we talking about, and what kind of service and product. thanks for the invitation