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प्रश्न
Identify the correct statement from the following.
पर्याय
Land is indestructible.
Labour is perishable.
Capital is a passive factor of production.
All the above.
उत्तर
Land is indestructible, labour is perishable and capital is a passive factor of production.
Explanation:
- Land is indestructible: This means that the physical existence of land cannot be destroyed, although its quality or fertility can be affected by various factors.
- Labour is perishable: Labour is considered perishable because it cannot be stored for future use; if a worker does not work on a given day, the potential output from that day's labour is lost forever.
- Capital is a passive factor of production: Capital is considered passive because it requires the active involvement of labour to be productive. Capital alone cannot produce goods or services without the direction and use of labour.
संबंधित प्रश्न
Features of Land.
Define or Explain the following concepts
Land
How does land differ from other factors of production with respect to its supply?
Explain the importance 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.
State with reason whether you agree or disagree with the following statement.
Supply of land is fixed.
Define or explain the following concept:
Land
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
Land is a free gift of _______________.
Explain any five characteristics of the land.
What is land ?
______ of Land differs in different places of the land.
Land is a ______ factor of production.
What is the meaning of the productivity of land?
Land as a factor of production, can earn income in the form of ______.
Land is one of the most important factors of production. In this context, mention two ways in which the efficiency of land can be enhanced?
State two functions of land as a factor of production.
Explain four reasons as to why land is considered to be an important factor of production.
