In what industry is labour likely to be the most important factor of production

Business

1 answer:

Lisa [10]1 year ago

4 0

Answer:

Labour is an active factor of production. It is the factor that starts production. Land and Capital alone cannot start production, so they are passive factors. They need the active factor of production, i.e. labour to be productive themselves.

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Habit Loop -

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Answer:

Explanation:

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