Factors Of Production Pdf 125542 | 5106 Item Download 2022-10-11 18-53-02

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File: Factors Of Production Pdf 125542 | 5106 Item Download 2022-10-11 18-53-02

Topic IV: Factors of Production Whatever is used in producing a commodity is called its inputs. For example, for producing wheat, a farmer uses inputs like soil, tractor, tools, seeds ...

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...Topic iv factors of production whatever is used in producing a commodity called its inputs for example wheat farmer uses like soil tractor tools seeds manure water and his own services all the are classified into two groups primary secondary render only whereas get merged which they above s because insecticides it also factor known as non alternatively undertaken with help resources can be categorised natural land human labour entrepreneur manufactured capital available to supply goods an economy includes physical e g fertile farm benefits from temperate climate or harnessing wind power solar other forms renewable energy some nations richly endowed then specialise their extraction high productivity vast expanse united states oil sands alberta canada countries such japan heavily reliant on importing these input workers increase size quality force vital if country wants achieve growth recent years issue migration has become important migrant solve shortages what long term effects who suf...

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Posted on: 11 Oct 2022 | 2 years ago
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