Social Sciences, asked by pp232817, 6 months ago

explain land as a factor of production ​

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Answered by moredhanaji428
2

Answer:

Land as a Factor of Production

Land is short for all the natural resources available to create supply. It includes raw property and anything that comes from the ground. It can be a non-renewable resource. That includes commodities such as oil and gold. It can also be a renewable resource, such as timber.

Answered by Anonymous
14

Answer:

The first factor of production is land, but this includes any natural resource used to produce goods and services. This includes not just land, but anything that comes from the land. Some common land or natural resources are water, oil, copper, natural gas, coal, and forests.

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