Question

What factors have contrubuted land productivity of village palampua.

Answer 1

Explanation:

They are land, capital, labor, and enterprise. Out of these four factors, the first and the most important factor is land. Land includes other natural resources like forests, minerals, and water. These natural resources are the most important factor in production

Answer 2

Answer:

Factors which are used to carry out the process of production are called factors of production. In the modern economy, economists classified these factors into two categories. They are land and labour, as capital is created by the application of labour on land and an entrepreneur is the human resource who performs and controls the business. Therefore, land and labour are the primary factors of production, whereas capital and the human capital are the secondary factors of production.