Class 8 (CBSE) / Social Science
Chapter 7: Factors of Production
Factors of Production - Social Science (Exploring Society (Class 8)), NCERT Class 8.
Topics
Topic 1
Land, Labour and Capital
Land, labour, and capital are the three basic factors of production needed to produce goods and services in an economy.
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Entrepreneurship as a Factor of Production
Entrepreneurship is considered a fourth factor of production, referring to the skill and initiative of individuals who organise land, labour
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