Economy, asked by mahak56, 1 year ago

what are the requirements for production


Anonymous: Human capital is the fourth requirement of production of goods and services

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Answered by Anonymous
1

Human capital is the fourth requirement of production of goods and services

Answered by Anonymous
2

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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