Question

different between land and physical capital?​

Answer 1

Answer:

land = refers to the land available for exploitation, like non agricultural lands for buildings, developing townships etc.

Physical capital = is one of the three primary factors of production also known as inputs in the production functions

Answer 2

Answer:

Although a land can be said tobe a form of capital, the major difference between two of them are

. Land is purely natural resource whereas capital comprises anything which has value

Whereas land is fixed resource, there is no limit to the amount of capital that can be raised.