Question

Write any 2 characteristic of land

Answer 1

Answer:

land is a primary factor of droduction,land is a passive factor of production,land is permanent.

Answer 2

Answer:

Explanation:

Land possesses the following characteristics:

1. Free Gift of Nature:

Man has to make efforts in order to acquire other factors of production. But to acquire land no human efforts are needed. Land is not the outcome of human labour. Rather, it existed even long before the evolution of man.

2. Fixed Quantity:

The total quantity of land does not undergo any change. It is limited and cannot be increased or decreased with human efforts. No alteration can be made in the surface area of land.

3. Land is Permanent:

All man-made things are perishable and these may even go out of existence. But land is indestructible. Thus it cannot go out of existence. It is not destructible.