Question

Which of the following is not a factor of production?

plz don't sepam​

Answer 1

Answer:

Money is not considered as a factor of production. Money is medium of exchange and hence it cannot help to increase the productivity of an economy like other factors of production, thus the factors of production are Land, Labour, Capital and Entrepreneurship.

Answer 2

Hey User!

${\pmb{\sf{\pink{Money}}}}$ is not considered as a factor of production.

• Money is medium of exchange and hence it cannot help to increase the productivity of an economy like other factors of production, thus the factors of production are Land, Labour, Capital and Entrepreneurship.