CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Which, among the following, is not a main factor of production?

A
Land
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Labour
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Capital
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Product
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution

The correct option is B Product

According to economic theory, there are four main factors of production - land, labour, capital, and entrepreneurship. In the given options, first three are the factors of production while the fourth option of Product is not the main factor of production.


flag
Suggest Corrections
thumbs-up
1
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
What Is Manufacturing?
GEOGRAPHY
Watch in App
Join BYJU'S Learning Program
CrossIcon