Land (Economics)

Amanda Mena

What is Land

Land is one of the 3 factors of production according to the classical economists which involves all natural sources that can be use to make product. Everything physical beside humans are a result of land.

What is Land Use For

Land has been a great thing for economics because they create thing with the environment. Example: Water, land coal, forest, dirt, etc. all theses can be use to sale to be use. All natural resources use to produce goods and also services to us. Land will lead to Labor because people have to work on land which well create Capital because they create goods and services for us as well entrepreneurs because some one has to own the land.
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Cite use...

  • Website Title: What is Economics RSS

  • Article Title: Land(Economics)

  • Date Accessed: December 15, 2014

mrrouse.com

  • Website Title: Economic Definitions

  • Article Title: "ECONOMICS" and POLITICAL ECONOMY

  • Date Accessed: December 16, 201

  • Website Title: Economic Definitions

  • Article Title: "ECONOMICS" and POLITICAL ECONOMY

  • Date Accessed: December 16, 2014