write any two difference between land and capital
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Although landcan be said to be a form of capital, major difference between the two are: ... 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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Although landcan be said to be a form of capital, major difference between the two are: ... land is a primary factor of production meaning it is absolutely necessary for production whereas capital is a secondary factor of production
"hope it will help u"☺️
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Hey there!
◆ Land:-
=>> Land is a natural resource.
=>> The supply of land is finite.
=> Land is mostly indestructible or at least has a long life as an economic asset.
◆ Capital:-
=>> Capital is the financial assets which is created.It may be in the form of cash, machinery,equipment etc.
=>> The supply of capital is potentially infinite.
=>> Capital can be destroyed and has a shorter life as an economic asset.
hope it Helped!!!!!!!!☺️
◆ Land:-
=>> Land is a natural resource.
=>> The supply of land is finite.
=> Land is mostly indestructible or at least has a long life as an economic asset.
◆ Capital:-
=>> Capital is the financial assets which is created.It may be in the form of cash, machinery,equipment etc.
=>> The supply of capital is potentially infinite.
=>> Capital can be destroyed and has a shorter life as an economic asset.
hope it Helped!!!!!!!!☺️
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