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 | Hello, this is Bobby how can I help you? | |
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| Hi sir, my name is Dave. I wanted to discuss the factors of production in our economy with you. | |
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| Oh yes! What would you like to know? | |
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| I am aware that there are four key elements to producing goods and services I am just not quite certain on what those four things are. I was wondering if you would be able to explain them to me? | |
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| Not a problem at all! The four key parts are entrepreneurship, land, labor and capital. | |
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| Would you mind explaining what each of those mean? . . . | |
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