WORLD HISTORY

Detailed explanation-1: -Servicing is not a factor of a production process. The 4 factors of a production process includes: land, labour, capital and organization.

Detailed explanation-2: -Land, Labour, Capital and Enterprise are the four factors of production which are required for running a firm or a company profitably.

Detailed explanation-3: -Transportation is not a major factor of production. There are mainly 4 Factors of Production.

Detailed explanation-4: -Labour, in economic terms, is the effort exerted to produce any services or goods. It is the most abundant and active factor of production because passive factors like capital and land cannot start production and need labour to start production.