The

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The Factors of Production
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Factors of Production
The elements that must be present for a country
to be a successful industrial nation
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Factor 1
Natural Resources - water, lumber, coal, oil, etc.
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Factor 2
Entrepreneurs inventors and inventions
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Factor 3
Capital - land, factories, machines, money, etc.
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Factor 4
Labor
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Factor 5
Transportation
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Factor 6
Markets
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The End