Question

which factor of production do you find most necessary for production and why? ​

Answer 1

ANSWER

Human capital is the most important factor of production because it puts together land, labour and physical Capital and produce an output either to use for self consumption or to sell in the market. It includes the skilled and unskilled work force of a nation.

Answer 2

Answer:

Hope this helps..........

Explanation:

Human capital is the most important factor of production because without human resource we will not be able to produce any production...Humans r the one who increases and cultivate the resources present in the earth.. Since without human production can't be cultivated....so,human capital is important factor of production