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प्रश्न
Explain the meaning of land as a factor of production.
उत्तर
Land is a significant factor in production, despite the fact that it is a passive factor. The importance of land is clear from the following facts:
- Promoting agricultural development: The quantity and quality of a country's land have a significant impact on its agricultural development. The presence of fertile soil and an ample supply of water for irrigation create favourable conditions for agricultural development.
- Promoting industrial development: Mineral resources such as iron ore, aluminium, copper, and uranium serve as basic raw materials for industrial development. It also serves as a site for the construction of factory buildings and industries.
- Electricity generation: Coal, petroleum, water, and wind resources are abundant and essential sources of electricity. These natural resources are the source of both hydroelectric and thermal electricity.
- Source of transportation: All major modes of transportation, such as roadways, trains, canals, and airways, are built on the surface of land, rivers, oceans, and air, all of which are components of land.
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संबंधित प्रश्न
Define land.
Explain four characteristics of land as a factor of production.
Fill in the blank with appropriate alternative given below
______________ is regarded as primary factor of production.
What is the land in Economics?
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.
What is the meaning of the productivity of land?
Which of the following is not a characteristic of land?
Land is a ______ factor of production.
Land as a factor of production, can earn income in the form of ______.