and to ensure the implementation of the production process itself requires certain conditions - factors of production.Sometimes they are called resources.Resources include all the elements that are necessary for the production (the creation of) economic blag.V depending on the type of production use one or the other set of factors.But some of the factors of production are the same and the same type of still classified as major factors of production.For the rest, all the factors are divided into certain classes and classification, associations and groups.
classification process is based on different approaches.For example, the Marxist theory of shared economic resources and factors of production are only two major and large groups - real and personal.Under the personal factors, it is generally understood to labor from the perspective of intellectual and physical abilities to work together.And in the real factors imply a collection of objects and means of labor and environmental conditions.But modern science is a division of factors of production is not suitable.Therefore, in the second half of the XIX century, this theory has significantly expanded the concept of a factor of production and its classification, consisting of three factors, but at the beginning of the last century to the first three added a fourth.And such a classification is used today with slight modifications and upgrades, even this scheme is called a classic.
Thus, the main factors of production according to the latest classification is divided into labor, land, capital, and entrepreneurial skills.Consider the basic factors of production alone and give response.
Labour in terms of production - it is a physical or intellectual human activity, which aims to create some economic benefits.In recent years, this factor has been transformed into the concept of "human capital" which involves consideration of educated labor and skilled workers as one of the main factors of production.
With regard to land, it refers to the concept of the main factors of production, because it includes not only the land, but also water, forests, minerals and natural wealth are necessary for the production process.And in this case, the totality of the factors of land is one of the fundamental resources of production.
Capital (meaning physical) - represents an economic resource determined by a combination of technical, financial and material resources that are necessary for the production of a variety of economic benefits.It is divided into two types: cash and in kind-real.Cash capital is not inherently an economic resource, it is a kind of mediating factor which is necessary to attract (purchase) of human and physical capital.
Entrepreneurial skills - these are the main factors of production which are in fact the properties of labor but not performing as part of its management and organizational.Despite the similarity of the nature of this factor to performing labor, this factor makes it possible to create a form of income - business income.The minimum limit of such income is a profit.The other factors of their own types of income not.Here to this factor can be attributed science as a specific form of human activity.
information also applies to the group or type of factors.Since it allows you to make the collection and processing of a variety of knowledge, their systematization for use in industrial and economic sphere of human activity.All the above mentioned factors are not rare even termed as constant factors of production.
