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Answer:

The second factor of production is labor. Labor is the effort that people contribute to the production of goods and services. ... The third factor of production is capital. Think of capital as the machinery, tools and buildings humans use to produce goods and services.Explanation:answer

Answer:

The first type of labor is Physical and Mental Labor

The second labor is Skilled and Unskilled Labor

The third labor is Productive and Unproductive Labor

Explanation:

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