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What are the four factors of production and what are the remunerations to each of these called?

2.13K viewsNovember 18, 2023National Income and related aggregates

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Anurag Pathak30.76K November 18, 2023 0 Comments

What are the four factors of production and what are the remunerations to each of these called?

Anurag Pathak Changed status to publish November 18, 2023

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Anurag Pathak30.76K Posted November 18, 2023 0 Comments

The four factors of production are

Land
Labour
Capital
Entrepreneur

Remunerations of Four factors of productions

Factors of Production	Remuneration
Land	Rent
Labour	Wages
Capital	Interest
Entrepreneur	Profit

Anurag Pathak Changed status to publish November 18, 2023

Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.