which is a scarce factor of production? why? class 9
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Capital is the most scarce factor of production . Small farmers usually take loans from money lenders and it is difficult to repay for them . Therefore capital is too scarce factor of production generally for small farmers.
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Hey Mate !
Capital is the most scarce factor of production . Small farmers usually take loans from money lenders and it is difficult to repay for them . Therefore capital is too scarce factor of production generally for small farmers.
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