BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Land resources are the raw materials in the production process. These resources can be renewable, such as forests, or nonrenewable such as oil or natural gas.

Detailed explanation-2: -There are four factors of production-land, labor, capital, and entrepreneurship.

Detailed explanation-3: -Economists traditionally divide the factors of production into four categories: land, labor, capital, and entrepreneurship. Land refers to natural resources, labor refers to work effort, and capital is anything made that is used to make something else.

Detailed explanation-4: -land, In economics, the resource that encompasses the natural resources used in production. In classical economics, the three factors of production are land, labour, and capital.

Detailed explanation-5: -There are four categories of resources, or factors of production: Natural resources (land) Labor (human capital) Capital (machinery, factories, equipment) Entrepreneurship.