What are the three main economic resources used for makingsellin and using goods and services?

1 answer

Answer

1214053

2026-05-22 02:00

+ Follow

The three main economic resources used for making, selling, and using goods and services are land, labor, and capital. Land refers to Natural Resources and raw materials, labor encompasses the human effort and skills involved in production, and capital includes the tools, machinery, and financial resources required for creating and distributing goods and services. Together, these resources form the foundation of economic activity and contribute to the overall production process.

ReportLike(0ShareFavorite

Copyright © 2026 eLLeNow.com All Rights Reserved.