FACTORS OF PRODUCTION

Agricultural Science

FACTORS OF PRODUCTION

LAND Definition:  Land refers to where productive activities such as growing of crops, rearing of animals and establishment of farmstead, etc, are carried out. Features of Land (i)         Land is one of the factors of production. (ii)        Land is the gift of nature or a natural resource. (iii)       It is immobile and a fixed factor. […]

FACTORS OF PRODUCTION Read More »

Business Studies

FACTORS OF PRODUCTION

Meaning of factors of Productions For the activities of production to take place, factors must be available.These are the things that make  the production of goods and services possible; hence they are called factors or agents of production. They are; Land Labour Capital and Enterpreneur These factors supply the money, physical effort, land or place

FACTORS OF PRODUCTION Read More »

Get Fully Funded Scholarships

Free Visa, Free Scholarship Abroad

           Click Here to Apply

Acadlly