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Poll
What brand of blade do you use ?
Butterfly
Factors of production I_vote_lcap41%Factors of production I_vote_rcap
 41% [ 18 ]
Stiga
Factors of production I_vote_lcap18%Factors of production I_vote_rcap
 18% [ 8 ]
DHS
Factors of production I_vote_lcap5%Factors of production I_vote_rcap
 5% [ 2 ]
Donic
Factors of production I_vote_lcap14%Factors of production I_vote_rcap
 14% [ 6 ]
Yasaka
Factors of production I_vote_lcap7%Factors of production I_vote_rcap
 7% [ 3 ]
729 Friendship
Factors of production I_vote_lcap7%Factors of production I_vote_rcap
 7% [ 3 ]
JOOLA
Factors of production I_vote_lcap2%Factors of production I_vote_rcap
 2% [ 1 ]
Killerspin
Factors of production I_vote_lcap2%Factors of production I_vote_rcap
 2% [ 1 ]
Andro
Factors of production I_vote_lcap2%Factors of production I_vote_rcap
 2% [ 1 ]
Xiom
Factors of production I_vote_lcap2%Factors of production I_vote_rcap
 2% [ 1 ]
Total Votes : 44
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kosovohp



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PostSubject: Factors of production   Factors of production I_icon_minitimeMon Nov 22, 2010 1:30 pm

In economics, factors of production (or productive inputs or resources) are any commodities or services used to produce goods and services. 'Factors of production' may also refer specifically to the primary factors, which are stocks including land, labor (the ability to work), and capital goods applied to production. The primary factors facilitate production but neither become part of the product (as with raw materials) nor become significantly transformed by the production process (as with fuel used to power machinery). 'Land' includes not only the site of production but natural resources above or below the soil. Recent usage has distinguished human capital (the stock of knowledge in the labor force from formal education and job training as part of labor.[1] and sometimes entrepreneurship.[2] Sometimes the overall state of technology is described as a factor of production.[3] The number and definition of factors varies, depending on theoretical purpose, empirical emphasis, or school of economics.[4] The primary factors facilitate production but neither become part of the product (as with raw materials) nor become significantly transformed by the production process (as with fuel used to power machinery).

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