Economy, asked by sivaramana, 3 days ago

differences land and labour

Answers

Answered by nilaypratap4
3

Answer:

LAND LABOUR

Land is a gift of nature. Labour refers to the human efforts in the production process.

Supply of land is fixed. Supply of labour is not fixed.

Land provides raw materials for production. It provides services to facilitate production purpose

Answered by Anonymous
2

Answer:

3 Difference between land and labour:-

Land:-

  • Land is a gift of nature.
  • Supply of land is fixed.
  • Land provides raw materials for production.

Labour:-

  • Labour refers to the human efforts in the production process.
  • Supply of labour is not fixed.
  • It provides services to facilitate production purpose.
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