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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? - Economic Applications

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Question

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?

Answer in Brief

Solution 1

There are two methods by which the efficacy of land can be enhanced:

  1. Land is a fixed factor; hence, it cannot create anything. Man must put effort into creating for himself. Therefore, using personnel and providing knowledge to the farmers will help increase the output of land.
  2. Land development projects help increase land efficiency through improved quality fertilizers, pesticides, etc.
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Solution 2

Land is the original source of all natural wealth. No productive operation is possible without land. The economic prosperity of a nation is directly related to the richness of its natural resources. Two ways of raising the efficiency of land are:

  1. Productivity of land is largely determined by its natural qualities such as fertility.
  2. It also depends upon knowledge and training of workers. A wise farmer can take more produce from this same land than an unwise farmer.
  3. It can be enhanced by its proper utilisation through measures like the provision of well or tubewell irrigation.
  4. Agricultural productivity can be increased by proper and extensive use of manures and fertilisers along with the adoption of mechanised methods of production.
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Chapter 1: Factors of Production - Exercise [Page 29]

APPEARS IN

Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 1 Factors of Production
Exercise | Q 5. | Page 29
Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 1 Factors of Production
QUESTION BANK | Q 8. | Page 33
Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 4 Factors of Production
QUESTION BANK | Q 8. | Page 118
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