हिंदी

Which of the following is/are considered as factor of production? - Economics

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प्रश्न

Which of the following is/are considered as factor of production?

विकल्प

  • Land

  • Labour

  • Capital

  • All of these

MCQ
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उत्तर

All of these

Explanation:

Land, labour and capital are all considered factors of production.

Land includes natural resources used in production; labour represents human effort, both physical and mental; capital includes man-made resources such as machinery and tools. 

All these resources work together to produce goods and services, making them primary factors of production.

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अध्याय 3: Basic Concepts of Economics - QUESTIONS [पृष्ठ ४८]

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अध्याय 3 Basic Concepts of Economics
QUESTIONS | Q 10. | पृष्ठ ४८
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