Active Factor of Production
Which of the following is an active factor of production?
- Labour — Correct Answer
- Land
- Capital
- Enterprise
Explanation:
Correct Answer: Labour
Labour is the active factor of production. It represents all physical and mental efforts exerted by human beings in the production process. Its reward is wages.
Factors of Production — Complete Summary
| Factor | Definition | Reward | Type |
|---|---|---|---|
| Land | All natural resources | Rent | Primary, Passive |
| Labour | All physical & mental efforts by man | Wages | Primary, Active |
| Capital | Man-made goods used for further production | Interest | Secondary, Man-made |
| Enterprise/Entrepreneur | Business organizer/owner | Profit | Secondary, Man-made |
Key Points
- Primary factors: Land and Labour
- Secondary/Man-made factors: Capital and Enterprise
- Passive factor: Land (does not move by itself)
- Active factor: Labour (moves, exerts effort)
📚 About this Topic — Animal Refresher
This multiple choice question is from Animal Refresher, Veterinary Extension Education. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from Animal Refresher to strengthen your preparation.