(answered) - What are the factors of production, define in detail, give a

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What are the factors of production, define in detail, give a specific example of each. Use them to explain the existence of the developing world.

I'm good on what they are land, labor, capital, and entrepreneurship. My question is giving an example for Entrepreneurship, and also what my professor may mean by using them to explain the existence in the developing world, if you could answer those 2 parts that would be greatly helpful

 

Solution ID:1037792 | Question answered on 27-Aug-2016

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