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