which of the following is not a factor of production?
A land
B raw material
C capital
D infrastructure
Answers
Answered by
7
Answer:(D) infrastructure
Explanation:
Land, capital, labour are all three of the factors of production.
Hence infrastructure is not a factor of production
Answered by
0
D infrastructure is not a factor of production.
The four main factors of production are:
- Land: All natural resources, such as minerals, forests, and fertile soil.
- Labor: The physical and mental effort of individuals used in the production process.
- Capital: Physical goods used in the production process, such as machinery, buildings, and tools.
- Entrepreneurial ability: The drive and innovation of individuals to organize the other three factors and create new products and businesses.
- Infrastructure, while important for economic development, is not considered a direct factor of production as it is a supportive system that facilitates the operation of the other factors of production.
To know more about production visit : https://brainly.in/question/3445384
https://brainly.in/question/1214344
#SPJ3
Similar questions