what are the factors of Palampur?
class 9 chapter 1
question is for 50 points
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- There are four factors of production which are prevailed in Palampur.
- These factors of production are as follow:
- 1. Land- Land and other natural resources
- 2. Labour- the people who do the work
- 3. Market- The healthy competition
- 4. Capital—Investment required in the business and the various inputs required at every stage.
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