state any four characteristic of land?
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The four characteristics of land are: Land is limited in supply: Supply of land is fixed as it is given by nature. Gifts of nature: Land is a gift of nature which does not have any cost of production. ... Primary factor of production: Land is a basic factor of production because it cannot produce anything by itself.
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The four characteristics of land are: Land is limited in supply: Supply of land is fixed as it is given by nature. Gifts of nature: Land is a gift of nature which does not have any cost of production. Primary factor of production: Land is a basic factor of production because it cannot produce anything by itself.
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