Social Sciences, asked by Shreyabiswas, 1 year ago

Write any three difference between land and capital???

Answers

Answered by valora
582
1. land is natural resource and capital is money
2 land is the first requirement whereas capital is the third
3 land is fixed and capital is important for production
Although land can be said to be a form of capital, the major differences between the two are:

1. Land is a purely natural resource whereas capital comprises anything which has value. Ex. - money, gold, machinery etc.
2. 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 capital is a secondary factor of production.
Answered by krittikavarora
187

Land:-

Land is motionless.

Supply of land is fixed.

It is a free gift of nature and limited in supply.

Land is permanent and indestructible.

Capital:-

Capital is moved easily.

Supply of capital can be increased or decreased.

Capital is perishable.

Capital is man-made.

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