Explain any five functions of land as a factor of production
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Land is considered the primary factor of production. Land is rich in coal, water and petroleum, which are used for generating power. Land is required to construct factories and industries to carry out the production process. ... A nation's economic wealth is directly related to the richness of its natural resources.
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functions of land
Explanation:
- it is good to built house factories etc
- it produce a living fot the human beings
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