Question

what is factor of production and explain the types

Answer 1

Capital as a Factor of Production. Capital is short for capital goods.These are man-made objects like machinery, equipment, and chemicals that are used in production. ... For example, capital goods include industrial and commercial buildings, but not private housing.

Answer 2

the factors of production are the factors which are involved in the process of production. these includes:
I, land: this is the most important factor of production because it is the place or area where production will be done.
2, labour:this is also the important factor of production because these includes the workers which will do the production on land.
3, human capital: these includes working capital and fixed capital. these are required in every stage of production because the money is used to buy tools and machines which are fixed capital and money and raw materials are working capital which are used in buying machines and tools and labour and land and used for other activities.
4, you should be educated and literate to keep use of land labour physical capital together. if you are not educated you will be failed to keep land labour and physical capital together.
hope it helps plz mark my answer brainlist answer