Economy, asked by hammu6666, 2 months ago

Different between labour and land

Answers

Answered by Anonymous
2

Answer:

(i) Land refers to all resources provided by nature used in production while labour refers to human efforts in production. (ii) Land supply cannot be increased while labour is both geographically and occupationally mobile. ... (iv) Land produces raw materials for production while labour provides services in production

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Answered by mehul2010verma
0

Answer:

Land = The first requirement for production.

Labour = The second requirement for production to increase production .

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