Energy from the enviro fuels production I got yall (:
Land contributes to production since it is cultivated and crops grown on it. Land also allows people to build structures that house domestic animals.
There are definitions on the factors of production located on the Wikipedia website, Investopedia and also Business Dictionary. The four factors of production are the following; land, labour, capital and enterprise.
Factors of production is labor land capital entrepreneurship and technology and hence is owned by everyone (including citizens and government) of any company.
Economic resources are not completely suited to all forms of uses, i.e. the answer lies in the specificity of resources. One resource is often more suited to the production of a certain commodity above others. For example, land is more suitable to the production of apples than the production of shirts. As we increase the shirt production, more and more land is transferred to production of shirts, where it is less suitable. Therefore, opportunity cost of producing shirts increases.
1] Which One of the following is not a long terb objectivew of indian Planinng' a] Increase Wheat Production b] Achieve Full Employment c] Reduction of Income Equality d] Equality and Social Justice
Land contributes to production since it is cultivated and crops grown on it. Land also allows people to build structures that house domestic animals.
There are definitions on the factors of production located on the Wikipedia website, Investopedia and also Business Dictionary. The four factors of production are the following; land, labour, capital and enterprise.
Production increases
INDIA
By definition GDP is the market value of produced goods and services provided in the economy usually in one year. So the production of a luxury car contributes more to GDP than the production of an economy car because the luxury car has a higher market value.
Indira point
The factors of production are the resources needed for producing goods and services in an economy, including land, labor, capital, and entrepreneurship.
South Africa is one of the world's largest maize producers. Maize production contributes to a 36 percent majority of the gross value of South Africa's field crops.
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answer it
Factors of production are the basic inputs used in the production of goods and services. It includes land,labour,capital and entrepreneurship. By Lamptey Samuel Boafo
India has ore land devoted to the production of rice than any other country i the world. India produces nearly one hundred million tons of rice yearly.