Productive resources can also be called

Economics

WAEC 2008

A. principle of production
B. factors of production
C. items of production
D. labour and material resources

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Correct Answer: Option B

Explanation

Productive resources are otherwise known as factors of production. These are the resources used to produce goods and services. They include; land, labour, capital and entrepreneur.

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Productive resources can also be called

Correct Answer: Option B

Explanation

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