Social Sciences, asked by Juniorgiawa6409, 9 months ago

What is the basic difference between land and capital with respect to production

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Answered by Anonymous

Answer:

In economics, capital refers to that of wealth which is used for further production of wealth. Land is the natural factor of production, it is permanent in nature. Capital is a man made factor of production. It lacks permanency

Answered by ishitagaggar

I hope it helps you!

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