Podcast
Questions and Answers
What is the main intention of production?
What is the main intention of production?
- To provide required goods and services to the people (correct)
- To minimize the cost of production
- To create job opportunities
- To generate maximum profit
Who uses land, labor, and capital for production?
Who uses land, labor, and capital for production?
- Labor unions
- Government authorities
- Financial institutions
- Proprietor or organizer (correct)
How is land utilized in Janampet?
How is land utilized in Janampet?
- Mainly for agriculture (correct)
- Mainly for commercial purposes
- Mainly for residential purposes
- Mainly for industrial purposes
What happens after the production of goods?
What happens after the production of goods?
What is the primary source of capital for production in the text?
What is the primary source of capital for production in the text?
What is the primary purpose of production according to the text?
What is the primary purpose of production according to the text?
Which factor of production involves physical activity and is crucial for agriculture?
Which factor of production involves physical activity and is crucial for agriculture?
What is the primary source of capital for production mentioned in the text?
What is the primary source of capital for production mentioned in the text?
Which factor of production is used for agriculture and other activities in Janampet?
Which factor of production is used for agriculture and other activities in Janampet?
Who uses land, labour, and capital for the production of goods?
Who uses land, labour, and capital for the production of goods?