the proper use of land is essential for a growth of economy
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Even though land is passive factor and it does not possess any ability to produce on its own, it is an important agent of production. Modern economists consider land as a specific factor of production, which can be put, not only to a specific purpose but to several other uses.
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- Even though land is passive factor and it does not possess any ability to produce on its own, it is an important agent of production. Modern economists consider land as a specific factor of production, which can be put, not only to a specific purpose but to several other uses.
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