Question
Land and Capital.
| Land | Capital |
| (i) Land is any natural resource available above and below the surface of the earth. | (i) Capital is a produced means for further production. |
| (ii) Land is a natural factor of production. | (ii) Capital is a man-made factor of production. |
| (iii) Land earns a reward in the form of ‘Rent’. | (iii) Capital earns a reward in the form of ‘Interest’. |
| (iv) In economics, minerals, soil, mountains, etc., are considered as land. | (iv) Machinery, factory building, tools, etc. are examples of capital. |
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