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State Whether the Following Statement is True and False. Land is a Free Gift of Nature. - Economics

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प्रश्न

State whether the following statement is TRUE and FALSE.

Land is a free gift of nature.

विकल्प

  • True

  • False

MCQ
सत्य या असत्य

उत्तर

Land is a free gift of nature. – True

Explanation:
The above statement is true. Land is a free gift of nature as it is not created by mankind. All the natural resources, flora and fauna, earth, buildings, avenues, air, water, minerals etc. are available to human beings as free gifts of nature.

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अध्याय 7: Factors of Production - Exercise 1 [पृष्ठ ६०]

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मायकल वाझ Economics [English] 12 Standard HSC
अध्याय 7 Factors of Production
Exercise 1 | Q 3.5 | पृष्ठ ६०

वीडियो ट्यूटोरियलVIEW ALL [1]

संबंधित प्रश्न

Features of Land.


Define or Explain the following  concepts

Land


How is land different from labour?


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


Explain briefly two factors affecting the productivity of the land.


Define land.


Explain four characteristics of land as a factor of production.


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. 


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


Distinguish between the following:

Land and capital


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 _______________. 


State two factors that affect the productivity of the land.


______ is a fixed in supply.


What is land ?


What are the characteristics of land?


The total quantity of land does not undergo any change.


Consider the following statement and choose the appropriate answer:

  1. Land is movable
  2. Land differs infertility.
  3. Land has some original Indestructible powers.
  4. The land is perishable.

Land is a ______ factor of production.


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.

______ 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.


Land is an ______ factor 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?


Improved technology affects the productivity of land. Explain this statement with the help of suitable examples.


Explain the meaning of land as a factor of production.


How is land as a factor of production differ from any other factor of production?


Which of the following factors of production has a unique supply curve?


Explain two functions of land.


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


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