Which is the most abundant factor of production?
Answers
Answered by
36
The agricultural production on a land depends on a few vital factors; namely the capital, labour, land and the entrepreneurship.
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.
They are easily available for working as labourers on the lands of wealthier people, and for performing all required actions for the cultivation of crops.
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.
They are easily available for working as labourers on the lands of wealthier people, and for performing all required actions for the cultivation of crops.
Answered by
11
money or capital,land and labour are the abundant factor of production.
Similar questions