Factors of Production
Factors of Production
Land and Labour
- The land is important but passive factors of production.
- The land is an immo...}
Factors of Production
Capital and Organization
- Capital is a man-made means of production which is used in a further production of goods an...}
Factors of Production
Population Theory
- Malthusian theory of population and Optimum theory of population are the well-known theory...}
Factors of Production
Partnership
- A partnership is business is an agreement between two or more than partners to do a legal b...}
Factors of Production
Joint Stock Company
- The joint stock company is an association of persons having a separate legal existence, per...}
Factors of Production
Sole Trading Concern
- The business which is started invested and managed by the single person is called sole trad...}