What are Factors of production in agriculture?

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1277179

2026-07-11 12:16

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Factors of production in agriculture include land, labor, capital, and entrepreneurship. Land refers to the Natural Resources used for farming, such as soil and water. Labor encompasses the human effort and skills applied in agricultural activities. Capital includes the tools, machinery, and infrastructure required for production, while entrepreneurship involves the management and innovation necessary to combine these resources effectively for agricultural output.

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