factors of productions are inputs used in the production of goods and services and they are finite. the four main types are :Land , Labour , Capital and Enterprise
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what are the two main types of resources ?
renewable resource / non renewable resource
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what is a renewable resource ?
renewable resource is one whose stock level can be maintained over a period of time
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what is a non-renewable resource?
Non-renewable resource is one whose stock level decreases over time / as it tends to be consumed
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examples of renewable resources ?
solar energy , wind power , water , oxygen , timber and soil
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