Advertisement
Advertisement
factor of production
noun
- any instrument, agent, etc., employed in the production of goods and services.
factor of production
noun
- a resource or input entering the production of wealth, such as land, labour, capital, etc Also calledagent of production
Advertisement
Word of the Day
[in-vet-er-it ]
Meaning and examplesStart each day with the Word of the Day in your inbox!
By clicking "Sign Up", you are accepting Dictionary.com Terms & Conditions and Privacy Policies.
Advertisement
Advertisement
Advertisement
Browse