Correct Answer: d. Money Explanation: In classical economics, the four factors of production are: Land – Natural resources (e.g., soil, minerals, water). Labor – Human effort (physical and mental). Capital – Tools, machinery, and equipment used to produce goods/services. Entrepreneurship (sometimes included separately) – The ability to bring the other three together productively. Why "Money" is Not a Factor: Money is a medium of exchange , not a productive input. It can buy factors of production, but does not produce anything itself. It is considered financial capital , not real capital (e.g., machines, buildings). Option e ("All of the above are factors") is incorrect Because money is not one of the recognized productive inputs. Final Answer: d. Money

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Question: Which of the following is not a factor of production? a. Land b. Labor\r\nc. Capital d. Money e. All of the answer choices are factors of production.\r\nWhich of the following is not a factor of production?\r\na. Land\r\nb. Labor\r\nc. Capital\r\nd. Money\r\ne. All of the answer choices are factors of production.

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Computer science

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Anu Bhardwaj

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