Land and Labour
All Wealth is produced by labor, and the other factors of production are either passive or also the result of labor
Land is considered a passive factor in production because it does not change or actively contribute to the production process on its own. Instead, it provides the natural resources and space that are utilized by labor and capital. The productivity of land depends largely on how effectively it is combined with other factors of production, such as labor and technology, rather than generating output independently. Thus, land serves as a foundation for production but requires active management and input from other factors to create goods and services.
land
Factors of production
Factors of production are the inputs for the production process. Three basic factors of production are land, labor, capital and entrepreneurship.
All Wealth is produced by labor, and the other factors of production are either passive or also the result of labor
Factors of production
land
land
Factors of production are the inputs for the production process. Three basic factors of production are land, labor, capital and entrepreneurship.
Both passive and active immunity have role in the elimination of bacteria and naturalization of toxins. Extracellular bacteria G+ and G- induce inflammation and production of toxins. Hence, active immunity responses by production of antibodies and passive immunity via phagocytes and complement activation, cytotoxic production by macrophages.
what factors of production is needed for photography
mobility of factors of production
how to improve factors of production
Factors of production are the resources used in producing goods and services. The three factors of production are land, capital and labor.
answer fow conclusion for factors of production
which of the following is a characteristic of the factors of production