wild any three differences between land and capital
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Land is a purely natural resource whereas capital comprises anything which has value. Ex. - money, gold, machinery etc. ... Land is a primary factor of production meaning it is absolutely necessary for production whereas capital is a secondary factor of production.
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Whereas land is a fixed resource, there is no limit to the amount of capital that can be raised. 3. Land is a primary factor of production meaning it is absolutely necessary for production whereas capitalis a secondary factor of production. 1-LAND is considered a free gift of nature.
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