Question

the return of land is known as​

Answer 1

Answer:

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Answer 2

The return of land is known as​ rent.

• Rent is the money that comes from owning land and other unpaid gifts of nature in economics.
• Although it is a little more limited than the meaning assigned to the term in common usage, the neoclassical economist Alfred Marshall and others who came after him selected this definition for technical reasons.
• In addition to renting land, it is also feasible to pay money to temporarily use any property, including houses, cars, televisions, and lawn mowers, as long as the owner is expecting the rented object to be returned in basically the same physical condition.
• Rent in classical economics was the revenue received from owning land and other limited-supply natural resources.
• This definition was first used to explain how wealth was distributed among society's members in the 18th century.
• Landlords, workers, and businesspeople (or the "moneyed classes") were the three categories into which society was classified by classical economics of the 18th and 19th centuries.
• This split roughly matched the then-existing sociopolitical system in Great Britain.

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