Factors of production.
Agricultural science S.S.S 2 Third term.
Week 6
Factors of production.
Performance objectives.
Students should be able to:
- Define factors of production.
- Mention factors of production.
Content
Factors of Production
Every production requires resources which must be combined together to produce goods and provide services.
Production simply means a combination of natural, human and man-made (materials) resources to create goods and services.
Factors of production or agents of production are necessary resources that are combined together to bring about production.
Such factors include:
- Land
- Labor
- Capital
- Management or entrepreneur.
- Land:
Land refers to the surface of the earth and all the natural resources.... View More
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- Environmental Physiology.
- Livestock management.
- Animal Nutrition
- Range-land management.
- Basic Economic Principles
- Agricultural Science SSS2 Third Term Mid-Term Assessment
- Test
- Factors of production.
- Principle of Demand.
- Principle of Supply.
- Implication of Demand and supply.
- Functions and problems faced by farm managers.
- Agricultural Science SSS2 Third Term Final Assessment
- Test
- Chapters 12
- Category SSS2
- Author ClassNotes Edu
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