Question

list and explain five importance of labour as a factor of production

Answer 1

Answer:

Labour is an active factor of production. It is the factor that starts production. Land and Capital alone cannot start production, so they are passive factors. They need the active factor of production, i.e. labour to be productive themselves.

Answer 2

Answer:

I was your very first follower yaar.. u forgot me ??

how ..

when u were having a few followers ... I had followed u nd u forgot me.