write the characteristic of land belonging to divide in brlophyto
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Land possesses the following characterises:
No-Cost Complement from nature - Man has to make hard work in order to get other factors of production. But to obtain land no human efforts are essential. Land is not the product of human toil. Rather it existed even long before the evolution of man.
Fixed Quantity - The total quantity of land does not undergo any variation. It is restricted and cannot be amplified or shrinked with human labour. No amendments can be made in the surface area of land.
Land is permanent - All that man makes are non durable and may even go without existence. But land is everlasting. Thus it cannot go out of existence and are not destructible.
Land is a Primary Factor of Production - In any type of the process of production, we have to begin with the land. For instance, factories help to provide raw materials and in agriculture crops are produced on land.
Land is a passive factor of production - This is for the reason that it cannot produce anything for itself. For instance rice cannot grow on a piece of land by itself. To grow it, man has to cultivate land. Labour is active aspect whereas land is a passive factor of production.
Land is Immovable - Land is immovable in the sense that it cannot be transported from one place to another. For instance, no portion of India’s surface can be transported to some other nation.
Land has same Original Indestructible Powers - Land possess by nature; indestructible powers which a human being cannot tend to destroy it. The fertility may undoubtedly vary but cannot be abolished as a whole.
Land differs in Fertility - Fertility of land differs on different pieces of land. One piece of land may produce more and other less.
Supply of land is inelastic - The demand with respect to article may raise or subside with the supply of the article whereas the supply of land does not raise or subside with the demand.
Land has many uses - The utilisation and usage of land is very vast such as agriculture, factories and industries can be set up, can build houses, can construct roads and rails etc.
No-Cost Complement from nature - Man has to make hard work in order to get other factors of production. But to obtain land no human efforts are essential. Land is not the product of human toil. Rather it existed even long before the evolution of man.
Fixed Quantity - The total quantity of land does not undergo any variation. It is restricted and cannot be amplified or shrinked with human labour. No amendments can be made in the surface area of land.
Land is permanent - All that man makes are non durable and may even go without existence. But land is everlasting. Thus it cannot go out of existence and are not destructible.
Land is a Primary Factor of Production - In any type of the process of production, we have to begin with the land. For instance, factories help to provide raw materials and in agriculture crops are produced on land.
Land is a passive factor of production - This is for the reason that it cannot produce anything for itself. For instance rice cannot grow on a piece of land by itself. To grow it, man has to cultivate land. Labour is active aspect whereas land is a passive factor of production.
Land is Immovable - Land is immovable in the sense that it cannot be transported from one place to another. For instance, no portion of India’s surface can be transported to some other nation.
Land has same Original Indestructible Powers - Land possess by nature; indestructible powers which a human being cannot tend to destroy it. The fertility may undoubtedly vary but cannot be abolished as a whole.
Land differs in Fertility - Fertility of land differs on different pieces of land. One piece of land may produce more and other less.
Supply of land is inelastic - The demand with respect to article may raise or subside with the supply of the article whereas the supply of land does not raise or subside with the demand.
Land has many uses - The utilisation and usage of land is very vast such as agriculture, factories and industries can be set up, can build houses, can construct roads and rails etc.
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