How can you say that land is a sustainable resource?
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Answer:
we can say that the land is sustainable resource as the land provides an environment for agricultural production,but is also an essential conditions for improved environmental management including source function for greenhouse gases, recycling of nutrients, amelioration and filtering of pollutants, and transmission and purification of water as the part.
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In Microeconomics or Production Economics,land is considered as an important factor or input of production which can be effectively utilized for production and other commercial purposes.
Explanation:
- Land is basically a natural resource which is provided freely by the nature.It is a fixed or finite factor or input in the production or business process as the geographical or physical size or area of any land is fixed which cannot be manually stretched or extended.However,if productive efficiency of any land can be properly maintained,it can sustainability contribute to the production or business process for long term.
- Proper sustenance of land productivity or its effective capacity can immensely benefit in various economic or commercial activities and practices such as share cropping,multiple cropping,advanced irrigation practices and overall sustainable increase in agricultural productivity which can potentially increase the profitability of the farmers.In industrial and manufacturing sector,if any vacant land can be properly maintained,can be utilized for setting up new factories,plants,commercial office buildings and so forth which can ultimately contribute to the overall production mechanism and business operation of individual companies and business organisations.
- Hence,land can be ideally considered to be a natural asset which can variedly and consistently used,even in the long term for various economic and commercial purposes to generate commercial benefits.Its market value is therefore,determined by its long term sustainable productivity or commercial implications.
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