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प्रश्न
Explain the importance of land as a factor of production.
उत्तर
Importance of land are:
- Natural Resources: Land supplies natural resources including minerals, water, and forests, which are crucial for industrial processes in various sectors.
- Location: The location of land affects its value for specific activities. Proximity to markets, transportation networks, and resources can boost business efficiency and profitability.
- Agriculture: Land is vital for agricultural activities, including crop cultivation and livestock raising for food production.
- Infrastructure: Land is essential for infrastructure development, including buildings, roads, and utilities. These infrastructure aspects are crucial for economic and societal growth.
- Real Estate: Land forms the foundation for real estate development, residences, commercial areas, and industrial sites. Real estate is a significant economic industry that drives growth and jobs.
संबंधित प्रश्न
Define or Explain the following concepts
Land
How is land different from labour?
Briefly explain two methods that increase land productivity.
Explain four characteristics of land as a factor of production.
Fill in the blank with appropriate alternative given below
Land is subject to ___________ returns.
Mention two ways by which land differs from other factors of production.
State two factors that affect the productivity 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.
Explain any three factors affecting productivity of land.
Factors of production are ______.
Which of the following are considered as factors of production?
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.
Land is heterogeneous in nature. Explain.
Which of the following factors of production has a unique supply curve?