what are the requirements for production
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Human capital is the fourth requirement of production of goods and services
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Human capital is the fourth requirement of production of goods and services
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Resources required for generation of goods or services, generally classified into four majorgroups: Land (including all natural resources), Labor (including all human resources), Capital (including all man-made resources).
Certain crops need a specific soil profile – pH, electrical conductivity, moisture or drainage and fertility. Organic certification requires special production practices. Non-crop businesses, ponds, barns, roadside stands, septic systems and parking lots have particular land requirements.
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