Question

land labour physical capital and human capital are known as factor of production???true or false​

Answer 1

Answer:

Land,Labour and capital are the three basic factors of production. Every production is organised by combining land , labour , physical capital and human capital. ... Capital is required to buy the machines and various other raw materials and labour is required to work upon that capital.

Explanation:

Answer 2

Answer:

True

Explanation:because production needs human effort and aall thse are some processes accomplished by human effort.