follow Dictionary.com

Today's Word of the Day means...

factors of production

noun

a collection of various resources which contribute to producing goods or services

Examples

Factors of production fall into three main groups - land, labor, and capital - and sometimes include entrepreneurship.

Dictionary.com's 21st Century Lexicon
Copyright © 2003-2014 Dictionary.com, LLC
Cite This Source

Word of The Day

Word Value for factors

12
13
Scrabble Words With Friends