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CLASS 8 · SOCIAL SCIENCE · PART 1 · CHAPTER 7

Factors of Production

Explore the key factors that make production possible and understand how different resources, skills and human efforts contribute to economic activities.

Factors of Production Land Labour Capital Entrepreneurship Production Economic Activities
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Chapter at a Glance

This chapter helps students understand the resources and efforts required to produce goods and services. These are commonly described as the factors of production.

Explore how natural resources, human work, tools and equipment, and entrepreneurial abilities contribute to the process of production.

Big Question 01

What are the factors of production?

Big Question 02

How do different factors contribute to production?

Big Question 03

Why are human skills and entrepreneurship important?

CHAPTER 7 RESOURCES

Learn. Explore. Practise.

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