BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -The first factor of production is land, but this includes any natural resource used to produce goods and services. This includes not just land, but anything that comes from the land. Some common land or natural resources are water, oil, copper, natural gas, coal, and forests.

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

Detailed explanation-3: -Natural resources are used to make food, fuel and raw materials for the production of goods. All of the food that people eat comes from plants or animals. Natural resources such as coal, natural gas and oil provide heat, light and power.

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.