Factors of Production

Knowledge example

Entrepreneurship example

Entrepreneurship

Capital

Knowledge

Natural resources example

Natural resources

Capital example

Labor example

Human Resources

Health and wellness

Google

All things supplied by nature and used in the production of goods/services.

Facts, information, and skills acquired.

Is the result of organizing land, labor and capital which bares the risks involved.

All human effort which goes into the production of goods/services.

Employees

Anything made by man, resources used to produce goods/services.

Tools and Machinery

Farmland