What are the four features of land
Answers
Answer:
Land is defined to include not only the surface of the Earth but also all the other gifts of nature.
The four characteristics of land are:
(a) Land is limited in supply: Supply of land is fixed as it is given by nature.
(b) Gifts of nature: Land is a gift of nature which does not have any cost of production. Land is readily available for any use. However, other agents of production are available at a cost.
(c) Primary factor of production: Land is a basic factor of production because it cannot produce anything by itself.
(d) Land has alternative uses: Land can be used for alternative uses such as cultivation, dairy or poultry-farming, rearing of livestock, building of houses, play grounds etc.
Answer:
1. Land is Permanent
2. Land is a Primary Factor of Production
3. Land is a Passive Factor of Production
4. Land is Immovable
Explanation:
1. All man things are perishable
2. In any kind of process we have to start with land
3. This is because it cannot process by itself
4. it cannot be transported to another place