Economy, asked by sreyanshu1110, 11 months ago

What are two non-human factors of production

Answers

Answered by BlackKnight248
22

Answer:

The Factors of Production are:

1- Land

2- Capital

3- Labour

4- Enterprise

Land and Capital two are Non-Human Factors while Labour and Enterprise are two Human Factors.

Explanation:

Since Labour definition is: Human resources that are used mentally and physically to produce goods and services for example teachers and doctors, and the definition of Enterprise is: The ability and willingness to bear risk and organize other factors of production, which is carried out by an entrepreneur whom is a person so those two factors are considered Human Factors of Production.

While the Capital is a man-made resources used to produce other goods and services such as tractors and tools, and Land refers to natural resources used to produce goods and services such as: Oil, Fields, Forests, animals. So they are considered Non-Human Factors of Production.

Answered by appusantoshjadhav
0

Answer: Land Capital

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