Factors of production

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Notion

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Science and technology

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What Wikipedia says

In economics, factors of production, resources, or inputs are what is used in the production process to produce output—that is, goods and services. The utilised amounts of the various inputs determine the quantity of output according to the relationship called the production function.

Excerpt from the Wikipedia article “Factors of production”, under the CC BY-SA 4.0 license. Read the article on Wikipedia