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| 1. |
Explain the diffrent factor of production |
| Answer» Factors of production are :-Land :- The land is an important factor for cultivation. As vast as tge land will be , the production will be more because large land provide multiple cropping etc,.Labour :- Unskilled, Semi - Skilled and Skilled labours are main factors. There is aboundance of labour in nature.Capital :- Fir starting up any business you need money to invest. This is what we mean by capital.Human Capital :- Last but not the least, most important capital amongst all is Human Capital because to arrange all these things we need a human to arrange in a specific way.\xa0 | |