In the Factor of production, the least likely labeled was Capital.
Step-by-step explanation:
- Factors of production are Land, Labour, Capital, and Entrepreneurship.
- One of the most important factors of production was land. it is the source of all kinds of production.
- Labour is the human worker who spends their mental and physical effort in getting income. They were also important in the factors of production.
- Goods which are used for the production are all capital. This is not mentioned in the label. Entrepreneurship, the person who put all his risk in the way of production.