__________ increases the productivity of the workers.
Capital
Land
Labour
Organization
When labour is more dominant than capital it is called ________ production.
Labour intensive
Capital intensive
Large scale production
Small scale production
is defined to include not only the surface of the earth but also all other gifts of nature.
Entreprenure
Which is NOT a characteristics of land?
Natural fertility of land
Supply of land is fixed
Land is immobile
Land is heterogeneous
The of a country depends to a great extent on the availability of land in that country.
Income
Profit
National output
Development
The _____ of a country depends on the growth rate of national output or percapita output.
Economic growth
Service sector
_______ is a man made instrument of production.
___________ is the basic factor of production.
The act of making goods and services in order to satisfy various human wants is called
Production
Education
Transportation
Communication
Labour cannot be separated from the
Restored
Service
Bargain
Labourer