Factors of Production
Economists divide the factors of production into four categories: land, labour, capital and enterprise.
Land:
- The natural resources needed to produce goods and services, such as water, fish, coal.
Example:
Rio Tinto plc. (Spain) - exploration, mining, and processing of mineral resources
https://www.riotinto.com/invest
Woodside (Australia) - Energy: Oil, Gas & Coal
https://www.woodside.com.au/investors
Hamamatsu Uoichi (Japan) - Fresh and frozen fish
https://www.hamauo.co.jp/en/
Labour:
- The workforce used to produce a product or provide a service, such as builders, teachers.
Example:
JD
https://www.investing.com/equities/jd-com-inc
T-Mobile
https://www.investing.com/equities/metropcs-communications
Nestle
https://www.investing.com/equities/nestle-n-2l
Capital
- The man-made resources used to produce a product or provide a service, such as machinery, tools, money or delivery trucks.
Example:
BNPP (France) - European bank
https://pt.investing.com/indices/france-40-components
CCT Correios de Portugal - Postal services
https://pt.investing.com/indices/psi-20-component
McDonald's Corp (North American)
https://corporate.mcdonalds.com/corpmcd/investors-relations/company-profile.html
Enterprise
- The idea the owner had to create the business. How the land, labour and capital is used to make a good or provide a service.
Example:
Netflix (USA) - movie and TV entertainment streaming platform
https://finance.yahoo.com/quote/NFLX?p=NFLX&.tsrc=fin-srch
Spotify (Sweden) - audio streaming platform
https://finance.yahoo.com/quote/SPOT?p=SPOT&.tsrc=fin-srch
https://finance.yahoo.com/quote/AAPL?p=AAPL&.tsrc=fin-srch