Question

Make out the main differences between Land and Labour.

Answer 1

Land	Labour
1. Land is a passive means of production.	1. Labour is an active means of production.
2. Land is fixed and limited in supply. It cannot be increased or decreased.	2. Supply of labour depends upon the population. It increases and decreases with the decrease or increase in population.
3. The land is not perishable which means it is not wasted.	3. Labour is perishable, it goes wasted.
4. Land lacks mobility, it cannot be shifted from one place to another.	4. Labour is mobile, it moves from places of less demand to those of more demand.
5. Land can be separated from its owner.	5. Labour is inseparable from the labourer.
6. Land is only the means, not the end.	6. Labour is both the means and the end.
7. Land is a free gift of nature.	7. Labour is a human effort.