Question

what do you mean by passive factor of production


please answer in simple words of your own don't copy paste from g oo g le​

Answer 1

Explanation:

It is a passive factor of production. It needs help of labour, capital, entrepreneur, etc., in order to obtain yields from it. Capital is also a passive factor of production. This is so because it becomes ineffective without co-operation of labour.

Answer 2

Answer:

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Explanation:

Land itself does not produce anything alone. It is a passive factor of production. It needs help of labour, capital, entrepreneur, etc., in order to obtain yields from it.