Question

Discuss the features of land as a factor of production based on the indicators given below .​

Answer 1

Answer:

You can smell perfume because it diffuses into the air and makes its way into your nose. A tea bag placed in a cup of hot water will diffuse into the water. ...

Answer 2

Answer:

The fast-paced development of world economy accompanies an exponential increase in the complexity of the process of production. But whatever might be the evolution in economics and production, the factors of production stand unscathed. When talking about production, the first factor of production that strikes our mind is land. Interestingly, the economic definition of land does not lie within the limits of just an area.

Explanation:

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