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Question
Which of the following is not a correct match?
Options
Land - free gift of nature
Entrepreneur - employs other factors
Capital - results savings
Labour - passive factor of production
Solution
Labour - passive factor of production
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RELATED QUESTIONS
Derived factors are ______ and ______.
Entrepreneurship is otherwise called ______.
The factors for production are ______, ______, ______.
Which factor of production is not a hired factor?
Which of the following types of capital gets exhausted after its use and gets embodied in the finished product?
Mention two differences between an entrepreneur and other factors of production.
Explain any three characteristics of capital.
Explain any three factors which affect capital formation.
Identify the factors of production of the following case and differentiate between them.
An active and passive factor of production.
Match the following and select the correct option.
| Factor of Production | Reward of factor of production | ||
| (i) | Land | (A) | Wage |
| (ii) | Labour | (B) | Profit |
| (iii) | Capital | (C) | Rent |
| (iv) | Entrepreneur | (D) | Interest |
