Factors of Production
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Factors of production are the resources required for the production of goods and services.

Success criteria to remember all the FOPs:
  1. What types of resource? (natural, human or manmade resources)
  2. What it consists/includes/definition
  3. Rewards (Rent, wages, Interest or profit)
  4. Example: Give representations and real life examples of each FOP
There are namely 4 factors of production:
Examples
Exemplar Questions