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T1 ECONOMICS CH1 Poduction — Social Science STD 7 — Question

Tamilnadu BoardEnglish MediumSTD 7Social ScienceT1 ECONOMICS CH1 Poduction4 Marks
Question
What are the characteristics of land?
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Answer

  • Land is a Free Gift of Nature:
  1. Land is not the outcome of human labour.
  2. It existed even long before the evolution of man.
  • Land is fixed in supply:
  1. The land quantity does not under go any change and no alteration can be made.
  2. It is limited, increased or decreased by human efforts.

  • Land is imperishable:

  1. The land is not destructible and imperishable.
  2. Land is a primary factor of production
    In any kind of production process, start with land. Land provides raw materials and crops for industry.
  • Land is immovable:
  1. Land cannot be transported from one placeto another place.
  2. Land has some original Indestructible powers.
  3. The indestructible powers of land cannot be destroyed by man.
  • Land Differs in Fertility:
  1. Fertility of land differs on different places of land.
  2. One piece of land may produce more and the other less.

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