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Production Factors Quiz
Author :
Sulochana S - Asst Prof, UG Commerce, RVSCAS
L
C
E
N
T
Starts with
L
The physical and mental effort exerted by humans in the production process.
Starts with
C
The financial resources, tools, and equipment used in the production of goods and services.
Starts with
E
The ability to organize and manage the other factors of production to create and innovate.
Starts with
N
The materials and substances found in nature that are used in the production process.
Starts with
T
The application of scientific knowledge and tools to improve the production process and increase efficiency.