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प्रश्न
Tick the one which does not belong to the following group.
विकल्प
Land
Interest
Labour
Entrepreneur
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उत्तर
Interest
Explanation:
- Land, Labour, and Entrepreneur are all factors of production in economics.
- Land refers to natural resources.
- Labour refers to human effort.
- Entrepreneur refers to the person who organizes and manages the other factors of production.
- Interest is not a factor of production; it is the return or payment made for the use of capital. Therefore, it does not belong to the group of factors of production listed.
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संबंधित प्रश्न
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Identify the factors of production of the following case and differentiate between them.
An active and passive factor 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 |
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 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?
