FACTORS OF AGRICULTURAL PRODUCTION
CONTENT- Meaning of Production
- Meaning of Factors of Production
- Factors of Production
- Meaning and Characteristics of Land
- Importance of Land in Agriculture
- Meaning of Water as a Factor of Production
- Importance of Water in Agricultural production
- Sources of Water for Agricultural Purposes
Meaning of Production
Production is the process of manufacturing goods and providing services. OR Production refers to all economic activities which result in the creation of goods and services.Meaning of Factors of Production
Factors of production are those resources needed to achieve production. OR For goods and services to be created during the process of production, certain factors have to come together. These resources or factors that are combined for goods and services to be produced are known as factors of production.The Factors of Production
The factors of production are:You are viewing an excerpt of this lesson. Subscribing to the subject will give you access to the following:
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