name the two physical factors of production
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Two physicals production are....
1. Land production.
2.Labour production.
Thnx...
1. Land production.
2.Labour production.
Thnx...
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2
Four Factors of Production
Land,labour,capital.
Land refers to all the natural resources. Labor. Labor, as a factor of production, involves any human input. Capital. Here capital refers to manufactured resources such as factories and machines.
Land,labour,capital.
Land refers to all the natural resources. Labor. Labor, as a factor of production, involves any human input. Capital. Here capital refers to manufactured resources such as factories and machines.
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