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प्रश्न
All factors of production are equally mobile.
पर्याय
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 factors of production?
Entrepreneurship is otherwise called ______.
What are the primary factors of production?
What are the derived factors of production?
______ are called factors of production.
Which factor of production is not a hired factor?
Which of the following types of capital gets exhausted after its use and gets embodied in the finished product?
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.
Explain any three characteristics of capital.
What do you understand by the term 'Capital formation'?
What do you understand by ‘changing pattern of land use’?
Explain any three such changes causing destruction to the ecosystem.
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:
| 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?
