Factors of production are the resources people use to produce goods and services.
The factors of production is divided into four categories.
The land is an important factor for cultivation. As vast as tge land will be, the production will be more because large land provide multiple cropping etc.
Unskilled, Semi - Skilled and Skilled labours are main factors. There is aboundance of labour in nature.
For starting up any business you need money to invest. This is what we mean by capital.
Last but not the least, most important capital amongst all is Human Capital because to arrange all these things we need a human to arrange in a specific way.
