Factors of production: Difference between revisions

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Three factors of production -- land, labour, and capital -- have been identified in classical economic theory. Modern theory still makes extensive use of this concept although many textbooks faill to include it in the index or table of contents.
Three factors of production -- [[land]], [[labour]], and [[capital]] -- have been identified in classical economic theory. Modern theory still makes extensive use of this concept although many textbooks faill to include it in the index or table of contents.

Revision as of 12:43, 8 May 2007

Three factors of production -- land, labour, and capital -- have been identified in classical economic theory. Modern theory still makes extensive use of this concept although many textbooks faill to include it in the index or table of contents.