State any four features of land as a factor of production. Key concept- Faltors of production. F...

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State any four features of land as a factor of production.
Key concept- Faltors of production.
Factors of Production. The essential elements which cooperate with one another in the process of production. Ex-land, labour, physital copital and tuman capital.
Four fentures of land as a factor of production -
(i) Land is a fixed factor of production.
(ii) Land being a hatural resource, it is necessary to be very careful in its are becaure once destroyed is is very difficult to restore it.
(iv) production from the sceme piece of land lan be increased by ering igit. various modern techniques.
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