differences between land and capital
Answers
Answered by
10
Land -
1- Natural resource
2- Fixed
3- Place where factory will stand
Capital -
1- Produced by human labor
2- Money in hand i.e. not fixed
3- Used to buy machines and raw materials
- Meww :)
1- Natural resource
2- Fixed
3- Place where factory will stand
Capital -
1- Produced by human labor
2- Money in hand i.e. not fixed
3- Used to buy machines and raw materials
- Meww :)
Answered by
6
Land is the natural resources of utmost importance , it is used to build buildings , grow crops , for industrial production etc.
Capital is the money required to buy assets like machinery . and land
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