Write a short essay explaining the four primary groups of production. Include in your explanation an example of each group as well as what we call the payment each group receives. Solution Four primary groups of production are four main factors of production which are a foundation of any productions. these four factors are land, labor, capital, and entrepreneurship. the first factor is Land that consists all type of natural resources used to create goods and services. examples : land, Gold, oil, forest, animal etc. Labor who transform these natural resources into usable resources. the value of labor depends on their skills and educations. to increase the productivity of firm owner trained their employees (labors) to become more skilled. capital includes buildings, tools, and machines that are labor usees to make outputs of the process. some examples are trucks, automated machines, computers, etc. entrepreneurship who create the idea and combine these all three factors of productions and makes a profit and increases the productivity of a country. payments to land and capital are rent, wages to labor, and profit to entrepreneurship..