Question

Which factor out of the following serves as the primary source of consumption?

Options

• Land

• Labour

• Capital

• Entrepreneur

Answer 1

Land

Explanation:

land serves as the primary source of consumption. Land provides natural resources like food, water, minerals, and raw materials, which are the foundation of all consumption activities. Without land and its resources, other factors like labour, capital, and entrepreneurship cannot function effectively in production and consumption processes.