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Definition of

factors of production

Operations & Production

land, labor, and capital the three things needed to produce a product: land, labor, and capital

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Definitions of ’factors of production’ and meaning of ’factors of production’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’factors of production’ and other financial terms with our online QFINANCE Financial Dictionary.

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