5. “A POWER POINT PRESENTATION ON THE TOPIC
OF FACTORS OF PRODUCTION”
6. FACTORS OF PRIDUCTION ARE CHANGE IN THE
FORM OF FACTOS IS CALLED PRODUCTION.
LAND, LABOUR, CAPITAL AND ORGANISATIONS
ARE THE FOUR MAIN FACTORS OF
PRODUCTION.
7. LAND
Land is the fundamental factor of
production. Reward of land is given in
the form of rent it may be money or
kinds.
8. LABOUR
The living factor of production is labour.
The reward of labour is wages. Today
labour organizations play a crucial role in
production sector.
9. CAPITAL
human produced factor of production is
called capital. It is mainly in the forms of
buildings, machines, dams etc,.
10. ORGANISATION
It is the management of land, labour and
capital. The organizer may be a manager
or owner of the firm.