What factors are needed to produce economic goods?

In order to correctly answer this question, let’s first figure out what economic benefits are in general. Economic goods are tangible and intangible objects that are limited by human needs. There are only four of them. Allocate the following material benefits:

1) Natural resources. For the most part, everything that touches the ground;

2) Labor. It talks about human resources, about people who can work;

3) Capital;

4) Entrepreneurial ability (ability to lead and create a business).



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