Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Introduction

Question:
In a capitalist country, the factors of production earn their incomes through which of the following options?
Options:
Process of production
Sale of output in the market
Both
None
Correct Answer:
Both
Explanation:
In a capitalist country the factors of production earn their incomes through the process of production and sale of the resultant output in the market. They first get involved in the process of production and when the result of that process i.e. output is sold in the market and earns revenue, these factors of production receive their share.