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The Story of Village Palampur — Social Science STD 9 — Question

Rajasthan BoardEnglish MediumSTD 9Social ScienceThe Story of Village Palampur1 Mark
Question
Which is the most important factor of production?
✓

Answer

  1. Human capital.
Explanation:
Human capital is the most important factor of production because you will need knowledge and enterprise to be able to put together land, labour and physical capital to produce an output either to use yourself or sell in the market.

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