Economy, asked by vikash4pal, 9 months ago

Distinguish between land and labour as factors of production

Answers

Answered by gauravsharmatech
62

Explanation:

(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.

Answered by tanwarbuhana
10

Refer to the attachment

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