Which one of the following is not a requirement for production the of goods and services?

Land

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Skilled labour

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Rainfall

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Physical capital

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Solution

The correct option is D Rainfall
Land, physical capital(machinery) and skill of laborers is essential for the production of goods and services.
Rainfall is seasonal in nature and it is mainly required in the primary sector for the cultivation of crops which then is used as raw material by an industry to produce goods and services.

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