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Factors of Production

13 Lessons 20 mins

Discover the essential components of production, including land, labor, capital, and entrepreneurship, and gain insights into theories such as Marginal Productivity Theory and Liquidity Preference Theory. Additionally, explore key concepts related to labor, wages, interest, profits, labor mobility, efficiency, types of unemployment, and possible solutions to unemployment in Nigeria.

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Tutorial Lessons

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1

Land as a Factor of Production

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2

Labour

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3

Capital

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4

Entrepreneurship

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5

Wages

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6

Interest

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7

Profits

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8

Marginal Productivity Theory

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9

Liquidity Preference Theory

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10

Labour Mobility and Efficiency

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11

Types of Unemployment in Nigeria

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12

Causes of Unemployment in Nigeria

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13

Solutions to Unemployment in Nigeria

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