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State Whether the Following Statement is True and False. Land is a Free Gift of Nature. - Economics

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Question

State whether the following statement is TRUE and FALSE.

Land is a free gift of nature.

Options

  • True

  • False

MCQ
True or False
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Solution

Land is a free gift of nature. – True

Explanation:
The above statement is true. Land is a free gift of nature as it is not created by mankind. All the natural resources, flora and fauna, earth, buildings, avenues, air, water, minerals etc. are available to human beings as free gifts of nature.

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Chapter 7: Factors of Production - Exercise 1 [Page 60]

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Micheal Vaz Economics [English] 12 Standard HSC
Chapter 7 Factors of Production
Exercise 1 | Q 3.5 | Page 60
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