English

Differentiate between labour and land. - Economic Applications

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Questions

Differentiate between labour and land.

State any two differences between land and labour.

Distinguish Between
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Solution

Labour Land
1. Labour can not be separated from the labourer. 1. The land owner is a different entity from the land owned by him.
2. Labour cannot be stored or accumulated. 2. The land owner can accumulate the amount of land owned by him.
3. Labour is mobile. 3. Land is immobile.
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Notes

Students should refer to the answer according to their questions.

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Chapter 4: Factors of Production - QUESTION BANK [Page 123]

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Goyal Brothers Prakashan Economic Applications [English] Class 10 ICSE
Chapter 4 Factors of Production
QUESTION BANK | Q 47. | Page 123
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