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#1
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how four factors of production impact Pakistan's economy?
How Land, Labour, Capital and Organization can impact the Pakistan's Economy?
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#2
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dear in simple words
if the land is of good quality containing good amount of necessary minerals and others high yielding substances your production will be good and a handsome amount of produce will result and more money at hand .... likewise if the persons who are enrolled in the cultivation of land are educated ones they will know what to add into soil and what not to and how much quantity of water and other things be given and for what time ..... this in turn will also increase production and when production will increase u will have more output in terms of money.. similarly if you have a good capital u can buy good quality of fertilizer and latest machinery and this in turn will also be helpful. lastly the organization is the key if u have limited resources at hand but u manage them well, use them well , your production will increase and you will have more productivity and more economy be generated... |
The Following User Says Thank You to khankhajjak For This Useful Post: | ||
freestyler (Monday, March 11, 2013) |
#3
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Thank u! That was helpful but I also want to know how it impacts the economy of whole country?
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#4
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Factors of Production
A fertile land with technically trained labour possessing maximum capital in a well organized efforts of entrepreneurs can speed up the growth & development of an economy like Pakistan. Their impact would raise the living standard of the people through maximum investment that results in maximum employments.
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The Following 2 Users Say Thank You to peaceful loin For This Useful Post: | ||
Erum Qureshi (Sunday, August 17, 2014), freestyler (Wednesday, March 20, 2013) |
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