What is aim of production in palampur village ? What are four requirements of palampur village?
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The main aim of production is to produce goods and services required by the people.
the four requirements of palampur village are:- a)land. b)labour. c)physical capital and d)human capital.
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the four requirements of palampur village are:- a)land. b)labour. c)physical capital and d)human capital.
MARK THIS ANS AS BRAINLIEST.PLZ
Answered by
74
The aim of the production is to provide the consumer class the goods or the material produced and sevices on the goods that we want.
The four main requirements of production in Palampur village are:
1. Land -
It is the first requirement and is most important reqirement on which production is done.
2. Labour-
It is the second requirement i.e. the people who will do the work.
3. Physical Capital-
It is the variety of inputs required at every stage of production.
4. Human Capital-
It is mixture of Human Resource + knowledge. It means the knowledge and enterprise to be able to put together all the 3 requirements of production.
The four main requirements of production in Palampur village are:
1. Land -
It is the first requirement and is most important reqirement on which production is done.
2. Labour-
It is the second requirement i.e. the people who will do the work.
3. Physical Capital-
It is the variety of inputs required at every stage of production.
4. Human Capital-
It is mixture of Human Resource + knowledge. It means the knowledge and enterprise to be able to put together all the 3 requirements of production.
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