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Among the three factors of production,
we found that labour is the most
abundant factor of production. There are
many people who are willing to work as
farm labourers in the villages, whereas
the opportunities of work are limited. They
belong to either landless families or
They are paid low wages,
and lead a difficult life.
In contrast to labour,
is a scarce factor of production. Cultivated
land area is
Moreover,
even the existing land is distributed
(equally/ unequally) among
the people engaged in farming. There are
a large number of small farmers who
cultivate small plots of land and live in
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- small farmers
- land
- fixed
- unequally
- multiple cropping
- modern scientific methods
- capital
- Land
- capital
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