Cambridge Cambridge International AS & A Level Economics 9708 · 1.3.1
nature and definition of factors of production: land, labour, capital and enterprise
- Code
- 1.3.1
- In
- 1.3 Factors of production
- Topic
- 1 Basic economic ideas and resource allocation (AS Level)
- Course
- Cambridge International AS & A Level Economics 9708
- Board
- Cambridge
Grade boundaries·Cambridge command words
Codes and titles are read by a script from Cambridge's published specification and have not been checked by a person. What each point covers is in the specification itself: Cambridge’s specification.
Points in 1.3 Factors of production
- 1.3.1 nature and definition of factors of production: land, labour, capital and enterprise
- 1.3.2 difference between human capital and physical capital
- 1.3.3 rewards to the factors of production
- 1.3.4 division of labour and specialisation
- 1.3.5 Role of the entrepreneur