Asked by
Sakshi Dhakate
on Oct 13, 2024
Verified
Which of the following is not a factor of production?
A) Land
B) Money
C) Capital
D) Labor
E) Entrepreneurship
Factors Of Production
The inputs required for the creation of goods or services, typically classified into labor, capital, and natural resources.
Money
A medium of exchange that is universally accepted in an economy to facilitate the sale, purchase, or trade of goods and services.
- Explain the factors of production and their role in the economy.
Verified Answer
MS
Learning Objectives
- Explain the factors of production and their role in the economy.