Factors of production include all of the following EXCEPT
A) machines made in past years.
B) money.
C) entrepreneurship.
D) a wheat field that is not irrigated.

Question

Quizplus · Accepted Answer

Money is not considered a factor of production because it does not directly produce goods or services. Factors of production include land, labor, capital (machines, tools), and entrepreneurship, which are all directly involved in the production process.

Factors of Production Include All of the Following EXCEPT