write any three difference between land and capital
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Answered by
11
1.) Land is a free gift of nature.
WHILE.
Capital requires input which costs money
2.) Land is immobile.
WHEREAS.
Capital mobile as well as tranferrable
3.) Land is can't be neither destroyed nor created.
BUT
Capital can be created and destroyed as well depending upon business.
Answered by
6
- Land Capital:-It is a fixed factor of production.It is a man-made factor of production.
- It is a free gift of nature.It is a man-made source of production.
- Land varies in fertility.It is of two types,i.e.,fixed and working capital.
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