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Land is heterogeneous in nature. Explain. - Economic Applications

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Question

Land is heterogeneous in nature. Explain.

Answer in Brief

Solution

Land is heterogeneous in nature due to the following characteristics:

  1. The land varies in fertility.
  2. The degree of richness of mineral wealth differs from place to place.
  3. The land also varies in location.
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Chapter 1: Factors of Production - QUESTION BANK [Page 32]

APPEARS IN

Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 1 Factors of Production
QUESTION BANK | Q 2. | Page 32
Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 4 Factors of Production
QUESTIONS | Q 5. | Page 114
Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 4 Factors of Production
QUESTION BANK | Q 2. | Page 118
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