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・ Factor base
・ Factor cost
・ Factor D
・ Factor endowment
・ Factor graph
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・ Factor I
・ Factor I Deficiency
・ Factor I deficiency
・ Factor income
・ Factor IX
・ Factor market
・ Factor of automorphy
・ Factor of safety
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Factor payments
・ Factor price
・ Factor price equalization
・ Factor Prize for Southern Art
・ Factor regression model
・ Factor shares
・ Factor system
・ Factor T
・ Factor theorem
・ Factor Three
・ Factor V
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・ Factor VII
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Factor payments : ウィキペディア英語版
Factor payments
Payments made of scarce resources, or the factors of production in return for productive services. They are also categorized according to the services of the productive resources being rewarded. As wages are being paid for services of labor, interest is paid for the services of capital, rent is paid for the services provided by the land and profit is for the factor of payment to entrepreneurship.〔http://factor payments - AmosWEB
www.amosweb.com/cgi-bin/awb_nav.pl?s...c...factor+payments〕
An economy is dependent on the production of goods and services, hence factors of production are required for the production of goods and services. They are broadly divided in the three factors of production Land, Labor, Capital. Land is the primary factor of production. Labor is the specific factor of production and payment is made in the form of wage. Capital is regarded as secondary factor of production as it can be manipulated by economic activity. Payment received would be in the form of interest. Later Entrepreneurship was added as the fourth factor of production. It earns profit to the Entrepreneur.
Factors of production are owned by households and they supply these factors of production to firms and in return earn wages, interest, rent and profit. Households buy goods and services with this money.

In economics, factor payments are the income people receive for supplying the factors of production: land, labor, or capital.
==Circular Flow of National Income==

Let us study with the help of Circular flow of income how flow of goods and services between household and firms are balanced by flow of factor payments made in exchange of them. Consider the circular flow of income in a two sector economy where there is no government, no capital market, and no foreign sector. Households own all the factors of production, that is land, labor, capital. These factors of production are sold to the firms to produce goods and services through factor markets. Firms make use of these resources and provide goods and services to the household through product markets. However the exchange of goods and services and factors of production takes place with the help of the financial flows that move in the reverse direction. As the households purchase goods and services from firms it is their consumption expenditure which in turn becomes income or profits for the firms. On the other hand when firms buy factors of production from the households they pay factor payments in the form of wages, rent, interest.〔http://www.uri.edu/artsci/ecn/starkey/590/Macro_ch05_v2.pdf〕

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
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