Business Studies, asked by newtonjillianjillo, 27 days ago

IDENTIFY 4 CHARACTERISTICS OF LAND AS A FACTOR OF PRODUCTION

Answers

Answered by yanyangumela
2

Answer:

Land possesses the following characteristics:

Free Gift of Nature: ...

Fixed Quantity: ...

Land is Permanent: ...

Land is a Primary Factor of Production: ...

Land is a Passive Factor of Production: ...

Land is Immovable: ...

Land has some Original Indestructible Powers: ...

Land Differs in Fertility:

Answered by WesternDragon1
4

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4 Characteristics of land as a factory of production.

  • It is primary source of production.
  • It is the fixed factor of production.
  • It is the natural resource of production.
  • It cannot be destroy or harm by human activities
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