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M 3.01 factors of production

landeverything on earth in its natural state
laborpeople who work in the economy
capitalmoney needed to start a business
entrepreneurshipskills of people willing to start a business
riskposibility of loss or failure
infrastructurephysical development of a country
factors of productioneconomists call resources the
resourcesall things used in producing goods/services

Millbrook High School
Raleigh, NC

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