________ is regarded as primary factor of production. (Land / Labour /

1.	________ is regarded as primary factor of production. (Land / Labour / Capital / Entrepreneur), Fill in the blank with appropriate alternative given in the bracket.
Answer» • Capital is regarded as a primary factor of production. • Because it relates to the investment of goods brought with money in production. • For example, we can buy something for a reason it is referred to as capital. • In economic studies capital is a source for production. • Capital is very important for human uses that MEANS we can produce goods and services by using capital resources. • Some of the capital resources are LIKE EQUIPMENT, computers and MACHINERY, etc.

________ is regarded as primary factor of production. (Land / Labour / Capital / Entrepreneur), Fill in the blank with appropriate alternative given in the bracket.

Answer»

• Capital is regarded as a primary factor of production.

• Because it relates to the investment of goods brought with money in production.

• For example, we can buy something for a reason it is referred to as capital.

• In economic studies capital is a source for production.

• Capital is very important for human uses that MEANS we can produce goods and services by using capital resources.

• Some of the capital resources are LIKE EQUIPMENT, computers and MACHINERY, etc.