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प्रश्न
What is the land in Economics?
उत्तर
The land is defined to include not only the surface of the earth but also all other free gifts of nature (for example, mineral resources, forest resources and indeed anything that helps us to carry out the production of goods and services but is provided by nature, free of cost).
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संबंधित प्रश्न
Distinguish between the following.
Land and capital.
State whether the following statements are TRUE or FALSE with reason:
Land is a man made factor of production.
Distinguish between the following:
Land and capital
Mention two ways by which land differs from other factors of production.
What is land ?
The total quantity of land does not undergo any change.
Identify the correct statement from the following.
Which of the following is not a characteristic of land?
The land is fixed in two senses.
Land is heterogeneous in nature. Explain.
