Question

Explain in your own words how the factors of production are affected due to lockdown with respect to Indian economy.

Answer 1

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.