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Question
Labour is the only ______ factor of production.
Options
Active
Passive
Temporary
Immobile
MCQ
Fill in the Blanks
Solution
Labour is the only active factor of production.
Explanation:
- Labour is the only active factor of production because it involves human effort, skills, and decision-making that actively contribute to the production process.
- Other factors, like land and capital, are passive and require labour to utilize them effectively.
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