Question

Could you run the production without land ,labour and capital? Justify

Answer 1

No, production is not possible without land ,labour and capital.

1.Land : without land factories cannot be set up for the production .

2: Labour : It means the working class for the production .Labour are the important element for the production.

3. Capital: capital means the investment for the business for further production factors.

Production is not possible without these factors of production.

Answer 2

No, It is not possible to run the production without land, labor, and capital.

Explanation:

• Land: - To set a factory for production, one needs land and it's natural resources like soil, water, mines, etc.  
• Labor: - To run the set factory for production, physical & mental labor is needed.  
• Capital: - Capital is needed to set-up all these above-mentioned criteria and to produce & distribute.

So without these 3 factors, any type of production is not possible.

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