Give two difference between land and capital
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1. land is a free gift of nature . while as capital is a man- made factor of production.
2.land lacks mobility. while as capital has the element of mobility.
2.land lacks mobility. while as capital has the element of mobility.
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Difference between land and capital are -
Land is the most important natural resource upon which all human activity is based. It is used for growing of crops, building houses, construction of roads and railway tracks, establishing industries, grazing of animals, mining, etc. All resources takes place on land.
Capital means case or goods used to generate income either by investing in a business or a different income property. Availability of capital became a necessity for the utilization of resources. It is a factor for utilization of resources.
Hope it helps you. I answered in paragraph you can change it in points. If not helpful then sorry.
With regards@
Tanisha
Land is the most important natural resource upon which all human activity is based. It is used for growing of crops, building houses, construction of roads and railway tracks, establishing industries, grazing of animals, mining, etc. All resources takes place on land.
Capital means case or goods used to generate income either by investing in a business or a different income property. Availability of capital became a necessity for the utilization of resources. It is a factor for utilization of resources.
Hope it helps you. I answered in paragraph you can change it in points. If not helpful then sorry.
With regards@
Tanisha
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