What are the Requirements of farm production
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Land; labour; money; and knowledge about farming.
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HEYA !!!
HERE'S THE ANSWER OF THE QUESTION YOU ARE LOOKING FOR !!!
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To produce a profitable yield land , labour , capital and human resource are required.
Certain indirect factors too effect the yield such as Proximity to marhets , temperature etc.
The fixed requirement is land and other natural resources which fall under land.
Labour is also a very important factor of production the production is highly influenced by the quality of labour.
The 3 rd requirement is capital i.e the inputs which are needed for production. It is divided into 2 types
1 ) Fixed capital - tools, machines, buildings etc.
2 ) Working Capital - money in hand, raw materials etc.
The most important factor of production is Human Resource. as we know that knowledge and enterprise is highly needed got a profitable yield and there should be someone to combine land, capital and labour usefully.
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HOPE IR HELPED !!!!
HERE'S THE ANSWER OF THE QUESTION YOU ARE LOOKING FOR !!!
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
To produce a profitable yield land , labour , capital and human resource are required.
Certain indirect factors too effect the yield such as Proximity to marhets , temperature etc.
The fixed requirement is land and other natural resources which fall under land.
Labour is also a very important factor of production the production is highly influenced by the quality of labour.
The 3 rd requirement is capital i.e the inputs which are needed for production. It is divided into 2 types
1 ) Fixed capital - tools, machines, buildings etc.
2 ) Working Capital - money in hand, raw materials etc.
The most important factor of production is Human Resource. as we know that knowledge and enterprise is highly needed got a profitable yield and there should be someone to combine land, capital and labour usefully.
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
HOPE IR HELPED !!!!
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