what is the mean of land, labour ,capital and organisation
there are how many type of capital explain each other
there are how many type of labour explain each other
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Land refers to natural resources
labor refers to work effort
capital is anything made that is used to make something else.
An organization, is an entity – such as a company, an institution, or an association – comprising one or more people and having a particular purpose.
The four major types of capital include debt, equity, trading, and working capital. Companies must decide which types of capital financing to use as parts of their capital structure.
Labour can be classified under the following heads:
Skilled and Unskilled Labour. ADVERTISEMENTS: 3. Productive and Unproductive Labour.
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