Out of the following, which is a source of production?
i. Land
ii. Labour
iii. Capital

i, ii, iii

The correct answer is option 4: i, ii, iii

Factors of Production are the resources used to produce goods and services. The four main factors of production are:

1. Land – Includes all natural resources used in production (e.g., soil, minerals, water).
2. Labour – Refers to human effort, both physical and mental, used in production.
3. Capital – Includes man-made resources such as machinery, tools, and buildings used to produce goods and services.
4. Entrepreneurship (not listed in the options) – The ability to organize and manage the other three factors to create goods and services.