is the living factor of production.

Land

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Labour

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Capital

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Entrepreneurship

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Solution

The correct option is B Labour
Labour refers to the mental and physical work required for production of activities. It can be recognised as the living factor of production since it involves the effort of living beings or human beings.

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Similar questions

Fill in the blanks:

(a) The living elements of the environment are called the …………….. factors.

(b) The non-living factors of the environment are also called the ………….. factors.

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