f 05/14/14 ~ EDU-MADE-EASY BLOG

Education is an ornament in prosperity and a refuge in adversity.

It is as impossible to withhold education from the receptive mind as it is impossible to force it upon the unreasoning. - Agnes Repplierg

ECONS 101.

FACTORS OF PRODUCTION. Hey Guyz, Happy Wednesday to you. Congratulations for being selected to be in the Land of the Living today. Hope this day brings you Joy unspeakable in all areas of your life. We are continuing from where we stopped in Econs. 101 with the above topic, so let’s get started. Factors of Production refer to Agents, Components or resources which are combined together to produce goods and services. There are four factors of production namely: a.     Land b.     Labour c.     ...