Factors of Production - The Economic Lowdown Video Series

In economics, factors of production are the resources that people use to produce goods and services; they are the building blocks of the economy. Economists divide factors of production into four categories: land, labor, capital and entrepreneurship.

This video explains the four factors of production, describes the payment each earns, and includes a short video quiz—game-show style.

To provide students with online questions following each video, register your class through the Econ Lowdown Teacher Portal.

If you have difficulty accessing this content due to a disability, please contact us at 314-444-4662 or economiceducation@stls.frb.org.

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