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Factors of Production

Factors of Production

Factors of production are the scarce economic resources used to produce goods and services. Economists classify them as land, labour, capital and enterprise.

1.1.3 Economic resources Lesson

  1. A Level
  2. /Economics
  3. /1.1.3 Economic resources

Step-by-step lessons on AQA A Level Economics 1.1.3 Economic resources. Each one builds up to exam-style questions. Start with the core supply-and-demand models before moving on to the more evaluation-heavy macroeconomic policy topics.

Lessons