Question

state the meaning of land in economics. What does it include?​

Answer 1

Land, In economics, the resource that encompasses the natural resources used in production. Land was considered to be the “original and inexhaustible gift of nature.” In modern economics, it is broadly defined to include all that nature provides, including minerals, forest products, and water and land resources.

Answer 2

Answer:

the land includes not only the earth or soil or surface area but also all other natural resources like water, air etc., which help the organisation in production of goods.

Explanation:

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