What are the factors of production? Give an example of each?

1) land / natural resources, example : water, oil, copper, natural gas, coal, and forests

2) labor, examples:involves any human input. workforce's skills, education, and motivation.

3) capital: examples of capital include hammers, forklifts, conveyor belts, computers, and delivery vans

4) entrepreneurship, example: an example of entrepreneur is one who hires the other three factors, brings them together, organises and coordinates them so as to earn maximum profit