Question

for every farm activity there is need of the factors of production. how do you agree with this statement

Answer 1

For every farm activity there is a need of factors of production because-
1.If there is no LAND, where will you grow the crops.
2.If there is no labour who will take care of the crops
3.If there is no PHYSICAL CAPITAL without water and manure the plant will die.
4.If there there is noHUMAN CAPITAL,how will anyone arrange the time and the things that need to be done.
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