Social Sciences, asked by 16Mscholar, 1 year ago

what are the factors of production in a industry ?

Answers

Answered by sakshi5293
1
hey ur ans is here. ....Factors of production are inputs used to produce an output, or goods and services. They are resources a company requires to attempt to generate a profit by producing goods and services. Factors of production are divided into four categories: land, labor, capital and entrepreneurship....hope it helps u. ....MARK AS BRAINLIEST
Answered by abrar6105khan
0

The factors responsible for production in industries are-

1. Cheap/skilled Labour

2. Land

3.raw materials

4.machinery

5.distance from market.

HOPE IT HELP U

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