Write any 3 different between land and capital ? please give answer in points...
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Write any 3 different between land and capital ? please give answer in points...
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Answer:
Land and Capital. In economics land includes all natural resources which are available on, above, and under the surface of the earth. 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.
Answer:
ok
Explanation:
Land
1.) mobility land is
perfectly immo-
bile
Capital
1.) capital is Mobile factor
Land
2.) Deprivation of the value lands normally appreciates
Capital
2.) The value of capital like machine depricates
Land
3.) Land is considered has free gift of nature has no cost of production.
Capital
3.) capital is not free and gift for nature it is mane made
I hope you're doubt is clear.