wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Which out of the following factors of production is natural?

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

The correct option is A Land
The land is a gift from nature. All the natural resources used in the production of a product is considered to be a part of the land as a factor. Soil, air, water, natural vegetation are a few examples of natural resources under land as a factor of production.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Capital and organisation
GEOGRAPHY
Watch in App
Join BYJU'S Learning Program
CrossIcon