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What is the difference between land and capital? Differentiate between: Capital and land - Economic Applications

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प्रश्न

What is the difference between land and capital?

Differentiate between:

Capital and land

फरक स्पष्ट करा

उत्तर

Points Land Capital
i Land is a free gift of nature. Capital is manmade.
ii Land is fixed and limited in supply. Supply of capital can be increased or decreased.
iii Land is permanent. Capital depreciates and the needs to be replaced when completely worn out.
iv Land is immobile. Capital is mobile.
v Rent is paid on land. Interest is paid on capital.
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Differences Between Land and Capital
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 4: Factors of Production - QUESTIONS [पृष्ठ ११६]

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गोयल ब्रदर्स प्रकाशन Economic Application [English] Class 10 ICSE
पाठ 4 Factors of Production
QUESTIONS | Q 40. | पृष्ठ ११६
गोयल ब्रदर्स प्रकाशन Economic Application [English] Class 10 ICSE
पाठ 4 Factors of Production
QUESTIONS | Q 21. (b) (iii) | पृष्ठ ११८
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