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- Factors of production are the resources used by a company to produce goods and services. The universally recognized factors of production include land, labor, and capital. Some scholars include enterprise - entrepreneurship - as a fourth factor while many argue that it should fall under labor...
- The French Revolution was a revolution in France from 1789 to 1799. The result of the French Revolution was the end of the monarchy. King Louis XVI was executed in 1793. The revolution ended when Napoleon Bonaparte took power in November 1799.
- Advantages of using modern farming methods are:
(i) Modern machinery like tractors and threshers when used in farming make ploughing and harvesting faster
(ii) With the use of HYV seeds the production of wheat has increased manifold
(iii) Farmers now have greater amounts of surplus wheat to sell in the markets which eventually has improved their economic condition.
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