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प्रश्न
What is the land in Economics?
उत्तर
The land is defined to include not only the surface of the earth but also all other free gifts of nature (for example, mineral resources, forest resources and indeed anything that helps us to carry out the production of goods and services but is provided by nature, free of cost).
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संबंधित प्रश्न
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.
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.
What is the meaning of the productivity of land?
Land is an ______ factor of production.
Land as a factor of production, can earn income in the form of ______.
Give two characteristic features of land as a factor of production.
Explain two functions of land.
