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Story Time
Story of Laxmi
FACTORS OF
PRODUCTION
PRODUCTION
It is an organized activity of
transforming resources (raw
material) into finish products in
the form of goods and services.
The aim of production is to
produce the goods and services
that we want.
LAND LABOUR PHYSICAL
CAPITAL
HUMAN
CAPITAL
Factors of Production
LAND
LAND
LABOUR
Skilled Labour
Unskilled Labour
Physical
Capital
Fixed Capital
Working Capital
Physical
Capital
Fixed Capital
HUMAN
CAPITAL
LAND LABOUR
HUMAN CAPITAL
PHYSICAL CAPITAL
LAND LABOUR
HUMAN CAPITAL
PHYSICAL CAPITAL
LAND LABOUR
HUMAN CAPITAL
PHYSICAL CAPITAL
LAND LABOUR
HUMAN CAPITAL
PHYSICAL CAPITAL
LAND LABOUR
HUMAN CAPITAL
PHYSICAL CAPITAL
LAND LABOUR
HUMAN CAPITAL
PHYSICAL CAPITAL
Prepare a
chart on
Factor of
production.
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& images by Freepik
THANKS
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