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Questions
What is the difference between land and capital?
Differentiate between:
Capital and land
Distinguish Between
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Solution
| Points | Land | Capital |
| i | Land is a free gift of nature. | Capital is manmade. |
| ii | Land is fixed and limited in supply. | Supply of capital can be increased or decreased. |
| iii | Land is permanent. | Capital depreciates and the needs to be replaced when completely worn out. |
| iv | Land is immobile. | Capital is mobile. |
| v | Rent is paid on land. | Interest is paid on capital. |
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Differences Between Land and Capital
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