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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?
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.
Define or Explain the Land.
Answer the following question.
What are the peculiarities of land?
State with reason whether you agree or disagree with the following statement.
Supply of land is fixed.
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.
What is the land in Economics?
Explain any five characteristics of the land.
______ is a fixed in supply.
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.
The total quantity of land does not undergo any change.
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 ______.
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 ______.
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.
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.
Explain in brief, the characteristics of land with respect to its supply and use.
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?
Explain four reasons as to why land is considered to be an important factor of production.
