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State two functions of land as a factor of production. - Economic Applications

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Questions

State two functions of land as a factor of production.

Explain any one contribution of land to production.

Short Note

Solution

  1. Agricultural land helps in growing foodgrains to meet the basic food requirement of the economy.
  2. Manufacturing industry depends on land for the availability of mineral resources such as iron ore, copper, tin, etc.
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Chapter 1: Factors of Production - Exercise [Page 30]

APPEARS IN

Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 1 Factors of Production
Exercise | Q 12. | Page 30
Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 1 Factors of Production
QUESTION BANK | Q 3. | Page 32
Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 4 Factors of Production
QUESTION BANK | Q 3. | Page 118
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