Question

For every farm activity, there's a need of factor of production. How far do you agree or disagree with this statement? ​

Answer 1

$<b>$HERE IS THE ANSWER TO YOUR QUESTION!!

For every farm activity there is a need of factor of production; I agree with this statement because every farm activity requires a land, people to work on it, raw materials and human to look after it, Without these, farm activities cannot be done.

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Answer 2

$<b>$Definition of factor of production :

Factors of production is an economic term that describes the inputs used in the production of goods or services in order to make an economic profit. They include any resource needed for the creation of a good or service. The factors of production include land, labor, capital and entrepreneurship.

__________☆☆☆__________

I agree with this statement that for every farm activity, there's a need of factor of production because factors of production are the resources used by a company to produce goods and services without these no products would be formed.

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