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प्रश्न
All factors of production are equally mobile.
विकल्प
True
False
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उत्तर
This statement is False.
Explanation:
Factors of production are not equally mobile. Mobility refers to the ease with which a factor of production can move from one use to another or from one location to another.
- Labour and capital can be relatively mobile, especially within certain industries or regions, but factors like skill requirements, regulations, or physical constraints can still limit their mobility.
- Land is generally immobile because it cannot be moved from one location to another.
- Entrepreneurs may have more mobility, but market conditions, legal environments, and personal circumstances still influence them.
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संबंधित प्रश्न
Primary factors are
Derived factors are ______ and ______.
What are the primary factors of production?
What are the derived factors of production?
______ are called factors of production.
The factors for production are ______, ______, ______.
Which factor of production is not a hired factor?
The reward of an entrepreneur is in the nature of ______.
Mention two differences between an entrepreneur and other factors of production.
What do you mean by 'innovative ability' of an entrepreneur?
Explain complex division of labour with the help of an example.
Define capital.
What do you understand by the term 'Capital formation'?
Explain any three factors which affect capital formation.
The Indian labour suffers from low efficiency. Explain your answer with three reasons for low efficiency of Indian labour.
What do you understand by ‘changing pattern of land use’?
Identify the factors of production of the following case and differentiate between them.
An active and passive factor of production.
Which of the following is not a correct match?
Name the factors of production.
Match the following and select the correct option.
| Factor of Production | Reward of factor of production | ||
| (i) | Land | (A) | Wage |
| (ii) | Labour | (B) | Profit |
| (iii) | Capital | (C) | Rent |
| (iv) | Entrepreneur | (D) | Interest |
Match the following:
| Column I | Column II |
| 1. Factors of production | P. Human resources |
| 2. Land | Q. Man-made resources |
| 3. Capital | R. Economic resources |
| 4. Entrepreneur | S. Natural resources |
Choose the correct alternative:
Define production.
Which of the following is an example of "Land" as a factor of production?
What does "Labour" refer to in the context of production?
Which statement best represents "Capital" in production?
Who is called an "Entrepreneur" in the factors of production?
Why are all four factors (Land, Labour, Capital, Entrepreneurship) important?
