Differentiate between land and capital as factors of production.

1.	Differentiate between land and capital as factors of production.
Answer» ANSWER: In economics, capital REFERS to that of wealth which is USED for further PRODUCTION 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 Explanation: is this helpful?.......

Answer»

In economics, capital REFERS to that of wealth which is USED for further PRODUCTION 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

Explanation:

is this helpful?.......

Discussion

No Comment Found

Related InterviewSolutions

ਸੰਖਵਧਾਨ ਦੇ ਅਨੁਛੇਦ ____ ਅਧੀਨ ਰਾਸ਼੍ਟਰਪ੍ਤੀ ਦੀ ਪ੍ਦਵੀ ਦੀ ਵਵਸਿਾ ਕੀਤੀ ਿਈ ਹੈ।
How to glow in the dark your crystals
Write a short note on the information technology industry
ਸੰਸਾਰ ਦਾ ਸਭ ਤੋਂ ਵੱਡਾ ਡੈਲਟਾ ਕਿਹੜਾ ਹੈ
Bastivaad kyaa hota haibataa doo naa mera paper hai
the distsnce between two places show on a map is 2.5cm if the scale of themap is 1cm to 5km how much is the actual distance between these places?
How can conflict be managed?
Bhaarat ka padoosi taapuu desh kon saa hai
Find out the State having no high court
व्हेन ए पर्सन इज अरेस्टेड एंड अवार्ड रंडी सरकमस्टेंसस वॉटर वॉटर इज राइट्स

Differentiate between land and capital as factors of production.

Discussion

No Comment Found

Related InterviewSolutions

Reply to Comment