Advertisements
Advertisements
Question
Labour is a/an ______ factor of production.
Options
Passive
Active
Limited
Direct
Immobile
MCQ
Fill in the Blanks
Advertisements
Solution
Labour is a/an active factor of production.
Explanation:
- Labour is considered an active factor of production because it involves human effort, skills, and creativity in the production process.
- Unlike passive factors, such as land, labour actively contributes to creating goods and services through direct involvement.
shaalaa.com
Is there an error in this question or solution?
