Differentiate between land and capital as factors of production.

1.	Differentiate between land and capital as factors of production.
Answer» <html><body><p><strong><a href="https://interviewquestions.tuteehub.com/tag/answer-15557" style="font-weight:bold;" target="_blank" title="Click to know more about ANSWER">ANSWER</a>:</strong></p><p>In economics, capital <a href="https://interviewquestions.tuteehub.com/tag/refers-1181652" style="font-weight:bold;" target="_blank" title="Click to know more about REFERS">REFERS</a> to that of wealth which is <a href="https://interviewquestions.tuteehub.com/tag/used-2318798" style="font-weight:bold;" target="_blank" title="Click to know more about USED">USED</a> for further <a href="https://interviewquestions.tuteehub.com/tag/production-14556" style="font-weight:bold;" target="_blank" title="Click to know more about PRODUCTION">PRODUCTION</a> of wealth. Land is the natural factor of production, it is permanent in nature. Capital is a man made factor of production. It lacks permanency</p><p><strong>Explanation:</strong></p><p>is this helpful?....... </p></body></html>

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