Mention three differences between land and capital as factors of produ – InterviewSolution

1.	Mention three differences between land and capital as factors of production.
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.

Discussion

No Comment Found

Related InterviewSolutions

The second battle of Panipat was fought between dash
ਸਥਿਤੀ ਤੇ ਕੀ ਪ੍ਰਭਾਵਪਏ।ਲਕ ਵਿਸ਼ੇਸ਼ਤਾਵਾਂ ਦਾ ਅਧਿਐਨ ਕਿਉਂਜ਼ਰੂਰੀ ਹੈ।ਪੰਜਾਬ ਨੂੰ ਭਾਰਤ ਦਾ ਪ੍ਰਵੇਸ਼ ਦੁਆਰ ਕਿਉਂ ਕਿਹਾਜਾਂਦਾ ਹੈ।ਪੰਜਾਬ ਵਿੱਚ ਇਸਲਾਮ ਧਰਮ ਦਾ ਪ੍ਰਸਾਰ ਤੇਜ਼ੀ ਨਾਲਕਿਉਂ ਹੋਇਆ?ਪੰਜਾਬ ਦੀ ਭੂਗੋਲਿਕ ਸਥਿਤੀ ਦਾ ਲੋਕਾਂ ਦੀ ਆਰਥਿਕ3
In which climatic region does Nepal lies? Mention the characteristics of this climate in six points.
Where naren took shelter for the relaxation of his mental tenson
Discuss how being a Filipino affects your "self".how can becoming a better Filipino influence your duty to become a better version of yourself
Battle of Panipat 1761
Why narendra nath refused to be satisfied with worldly aspirations
Tick the correct answerpressure depends on depth to decrease the pressure exerted by an object on a surface
"problem make man matured"justify in points
How is compaining done for electrons held in India