Advertisements
Advertisements
प्रश्न
Identify the factors of production of the following case and differentiate between them.
An active and passive factor of production.
Advertisements
उत्तर
Active production components, including labour and entrepreneurship, directly contribute to production. Passive variables such as land and capital play an indirect role in production.
APPEARS IN
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 ______, ______, ______.
Use of high yielding variety of seeds of related to productivity of ______.
Which factor of production is not a hired factor?
The reward of an entrepreneur is in the nature of ______.
What do you mean by 'innovative ability' of an entrepreneur?
Define capital.
What do you understand by the term 'Capital formation'?
Explain any three factors which affect capital formation.
Explain any three such changes causing destruction to the ecosystem.
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 |
Tick the one which does not belong to the following group.
All factors of production are equally mobile.
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:
Match the following:
| Factor of Production | Characteristic |
| A. Land | (i) Subject to depreciation |
| B. Mannual labour | (ii) Risk and Bearing |
| C. Capital | (iii) Permanent |
| D. Entrepreneur | (iv) Involves physical work |
Choose the correct alternative:
Why is capital called a 'produced means of Production?
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?
Who is called an "Entrepreneur" in the factors of production?
Why are all four factors (Land, Labour, Capital, Entrepreneurship) important?
