Explain in your own words how the factors of production are affected due to lockdown with respect to Indian economy.
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Factors of production have been affected greatly due to lock-down.
Explanation:
- Due to lock-down, the raw materials couldn't reach the factories on time.
- Moreover, factory workers weren't allowed to go to factories.
- Due to the non-availability of the material and manpower, the production graph went down.
- There is scarcity of so many products in the Indian markets right now.
- people are facing difficulty due to the low production of the basic facilities.
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