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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
Why do small farmers suffer during inflation?
Explain four characteristics 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?
Give reason or explain:
The supply of land is inelastic.
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.
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:
- Land is movable
- Land differs infertility.
- Land has some original Indestructible powers.
- The land is perishable.
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.
______ is not a primary factor of production.
Land is an ______ factor of production.
As land cannot produce anything by itself, therefore it is called a ______ factor of production.
Improved technology affects the productivity of land. Explain this statement with the help of suitable examples.
Land is heterogeneous in nature. Explain.
Explain four reasons as to why land is considered to be an important factor of production.
