Q.4
in the Constituent Assembly.
ECONOMICS
Consider a bread making industry in your area and list all the different factors of production (land, labour,
physical capital and human capital) which will be required to run this factory smoothly. (Attempt the
question in your fair register).
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Explanation:
All businesses, both for-profit and nonprofit, need resources in order to operate. Simply put, resources are the inputs used to produce outputs (goods and/or services). Resources are also called factors of production. What makes something a resource? For one thing, it needs to be productive.
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