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Factors of Production - Poster 2

Factors of Production - Poster 2

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Published by MrAlexander

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Published by: MrAlexander on Jun 16, 2009
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05/11/2014

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The Factors of Production

Enterprise 
This is all of the factors of production being used by the owner of the business.

Labour 
This is all of the people that you employ. They are the people who work for your company. In businesses you have to pay your labourers.

Land 
Land is all the natural resources used in the business as well as the land it’s self used to populate the factories which make the substances that the factories produce.

Capital 
This is the man made resources in he company such as the factory, the tools used, the equipment and the finance

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