Question

which factor of production is avaliable in plenty and why​

Answer 1

Answer:

However, labour is the most abundantly available factor for any agricultural production. There are plenty of poor people in the rural areas who have no agricultural land or other means of living.

Answer 2

●Labour as a factor of production is easily available, especially in countries like India. The land is a limited resource that cannot be created. Capital is an expensive factor and hence is not easy to procure. Entrepreneurship requires skill, ability and knowledge.

But, as far as labour is concerned, it can be skilled or unskilled, owing to the unemployment, is easy to procure. Thus, we can say that, out of all the other factors of production, it is most abundant.

⚡Hope its help☺