Question

what do you mean by factors of production❓ name it's various types AND who estimate national income

Answer 1

Answer:

factor of production means the products needed for the production of any material .

4 types of factors of production -

1) land 2) labour 3) physical capital 4) human capital

In India , national income is estimated by National Statistical Organization

Explanation:

HOPE IT WILL HELP YOU ..................

Answer 2

Answer:

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