g the factors of production are which of the following? a. labor and capital in industrialized countries, where natural resources are no longer used to produce goods and services. b. the outputs generated by the production process of transforming land, labor, and capital into goods and services. c. the land resources, such as natural resources, that are unimproved by human economic activity. d. land (natural resources), labor (human capital, entrepreneurship), and capital (constructed inputs such as factories).
