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प्रश्न
Answer the following question.
What are the peculiarities of land?
उत्तर
Land refers to the earth's surface. According to Dr. Alfred Marshall, land also includes water, air, heat, light, coal, gold etc.
The following are some of the features of land:
i. Free gift of nature - All the resources which form a part of land are given to mankind as free gifts of nature.
ii. Inelastic supply - The endowment or supply of land is fixed and cannot be increased by human efforts.
iii. Derived demand - Land is used in the production of goods meant for final consumption. Since it cannot be directly consumed for the satisfaction of human wants, it is said to have a derived demand.
iv. Zero mobility - Land is fixed. It cannot be moved from one place to the other. Thus, land is said to be immobile.
v. Homogenous- Land is homogenous in the sense that it differs in terms of its quality. Accordingly, the rent differs from one land to another.
vi. Derived demand- The demand for land is derived demand because it depends on the demand for the goods and services in the production of which it will be used.
APPEARS IN
संबंधित प्रश्न
Explain briefly two factors affecting the productivity of the land.
Briefly explain two methods that increase land productivity.
Define land.
Explain the importance of land as a factor of production.
Distinguish between the following.
Land and capital.
State with reason whether you agree or disagree with the following statement.
Supply of land is fixed.
Distinguish between the following:
Land and capital
Define or explain the following concept:
Land
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.
Fill in the blank with appropriate alternative given below
Land is subject to ___________ returns.
Fill in the blank with appropriate alternative given below
______________ is regarded as primary factor of production.
Mention two ways by which land differs from other factors of production.
State two factors that affect the productivity of the land.
Explain any five characteristics of the land.
What are the characteristics of land?
Students are asked to visit local farmers and to discuss the land and its characteristics. Collect some photographs of land and make an album.
______ 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.
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.
______ 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?
Land is an ______ factor of production.
Which of the following is not a characteristic of land?
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 ______.
State two functions of land as a factor of production.
Explain in brief, the characteristics of land with respect to its supply and use.
Explain the meaning of land as a factor of production.
Land is heterogeneous in nature. Explain.
How is land as a factor of production differ from any other factor of production?
Explain two functions of land.
Explain four reasons as to why land is considered to be an important factor of production.
