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Question

Which of these is not a factor of production?

  1. Land
  2. Labour
  3. Money
  4. Capital

A
Money
B
Land
C
Labour
D
Capital
Solution
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Money is not considered as a factor of production. Money is medium of exchange and hence it cannot help to increase the productivity of an economy like other factors of production, thus the factors of production are Land, Labour, Capital and Entrepreneurship.

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