Mention difference between land and capital.(Hint- from story of villa – InterviewSolution

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Mention difference between land and capital.(Hint- from story of village palampur class- 9)

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Answer:

Land:- Land is motionless. Supply of land is fixed. It is a FREE gift of nature and LIMITED in supply. Land is permanent and indestructible.

Capital:- Capital is MOVED EASILY. Supply of capital can be increased or DECREASED. Capital is perishable. Capital is man-made.

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