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प्रश्न
Distinguish between the following.
Land and capital.
उत्तर
Land and Capital.
| LAND | CAPITAL |
|
Meaning In economics land includes all natural resources which are available on, above, and under the surface of the earth. |
In economics, capital refers to that of wealth which is used for further production of wealth. |
|
Nature of Factor Land is the natural factor of production, it is permanent in nature. |
Capital is a man made factor of production. It lacks permanency. |
|
Elasticity The elasticity of land is perfectly inelastic. |
The elasticity of capital is relatively elastic. |
|
Mobility Land is perfectly immobile |
Capital is mobile factor. |
|
Appreciation/Depreciation The value of land normally appreciates. |
The value of capital like machines depreciates. |
APPEARS IN
संबंधित प्रश्न
Features of Land.
Define or Explain the following concepts
Land
Why do small farmers suffer during inflation?
How is land different from labour?
How does land differ from other factors of production with respect to its supply?
Briefly explain two methods that increase land productivity.
Explain the importance of land as a factor of production.
State whether the following statements are TRUE or FALSE with reason:
Land is a man made factor of production.
State with reason whether you agree or disagree with the following statement.
Supply of land is fixed.
Fill in the blank with appropriate alternative given below
Land is subject to ___________ returns.
Fill in the blank with appropriate alternative given below
Land is a free gift of _______________.
Mention two ways by which land differs from other factors of production.
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.
Consider the following statement and choose the appropriate answer:
- Land is movable
- Land differs infertility.
- Land has some original Indestructible powers.
- The land is perishable.
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. |
- Name the factor of production which is not mentioned.
- Explain any four characteristics of the above (a) factor of production.
Factors of production are ______.
______ is not a primary factor of production.
Land is an ______ factor of production.
Which of the following is not a characteristic of land?
The land is fixed in two senses.
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.
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?
Improved technology affects the productivity of land. Explain this statement with the help of suitable examples.
State two functions 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.
