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Define Or Explain the Following Concept: Land - Economics

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प्रश्न

Define or explain the following concept:

Land

टिप्पणी लिखिए

उत्तर

In economics, land does not merely imply soil. In fact, it broadly refers to all natural resources, flora and fauna, earth, buildings, avenues, air, water, minerals etc. The owner of the land (the landlord) receives rent in exchange for his contribution to the production process.  

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अध्याय 7: Factors of Production - Exercise 2 [पृष्ठ ६०]

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मायकल वाझ Economics [English] 12 Standard HSC
अध्याय 7 Factors of Production
Exercise 2 | Q 1.4 | पृष्ठ ६०

वीडियो ट्यूटोरियलVIEW ALL [1]

संबंधित प्रश्न

Features of Land.


Why do small farmers suffer during inflation?


How does land differ from other factors of production with respect to its supply?


Explain briefly two factors affecting the productivity of the land.


Briefly explain two methods that increase land productivity.


Define land.


Explain four characteristics of land as a factor of production.


Define or Explain the Land.


Answer the following question.
What are the peculiarities of land?


State with reason whether you agree or disagree with the following statement.
Supply of land is fixed.


Give reason or explain:

The supply of land is inelastic.


State whether the following statement is TRUE and FALSE.

Land is a free gift of nature.


State two factors that affect the productivity of the land.


What is the land in Economics?


Explain any five characteristics of the land.


______ is a fixed in supply.


What is land ?


______ of Land differs in different places of the land.


The total quantity of land does not undergo any change.


Land is a ______ factor of production.


What is the meaning of the productivity of land?


Explain any three factors affecting productivity of land.


Read the extract and answer the following questions.

Shruti and her friends have an idea to start selling makeup kits. They already have saved money for the merchandise, models and displays. Since they all own the company, they will work for free.
  1. Name the factor of production which is not mentioned.
  2. Explain any four characteristics of the above (a) factor of production.

Factors of production are ______.


______ is not a primary factor of production.


Which of the following is not a characteristic feature of land?


Identify the correct statement from the following.


Which of the following are considered as factors of production?


Which of the following is not a characteristic of land?


The land is fixed in two senses.


The productivity of land is not affected by ______.


Land is a ______ factor of production.


Land as a factor of production, can earn income in the form of ______.


As land cannot produce anything by itself, therefore it is called a ______ factor of production.


Give two characteristic features of land as a factor of production.


Land is one of the most important factors of production. In this context, mention two ways in which the efficiency of land can be enhanced?


Explain the meaning of land as a factor of production.


Land is heterogeneous in nature. Explain.


Explain four reasons as to why land is considered to be an important factor of production.


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