an efficient production in the agriculture Industrial and service sector depends on
1)Per capita income
2) infrastructure
9) Government
4) National income
Answers
Answered by
11
Answer:
national income
Explanation:
I hope it will be helpful for you
Answered by
0
Efficient production in the agriculture, industrial, and service sectors depends on several factors, including per capita income, infrastructure, government policies, and national income.
- Per capita income- It plays a crucial role in determining the purchasing power of individuals and, in turn, their demand for goods and services. A higher per capita income generally leads to increased consumption and, therefore, increased production.
- Infrastructure - Includes transportation networks, communication systems, and energy networks, it is also essential for efficient production. The adequate infrastructure allows for the smooth flow of goods and services, and the movement of labor and capital as well.
- Government policies - Policies can also have a significant impact on production efficiency. The ones that promote investment and trade, as well as those that support the development of small and medium-sized enterprises, can all contribute to increased production.
- National income - It is an important indicator of the overall health of an economy and can affect production efficiency. A growing national income generally leads to increased consumption, investment, and production.
In general, efficient production in the agriculture, industrial, and service sectors depends on a complex interplay of factors. Economic growth and development are dependent on the interplay between per capita income, infrastructure, government policies, and national income.
#SPJ3
Similar questions