Question

What is economics concept term land and what are the precularities

Answer 1

Answer:

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Explanation:

In economics, the word 'land' is defined to include not only the surface of the earth but also all other free gifts of nature. For instance, mineral resources, forest resources and, indeed, anything that helps us to carry out the production of goods and services, but is provided by nature, free of cost.

Answer 2

Define land. ... In economics, the word 'land' is defined to include not only the surface of the earth but also all other free gifts of nature. For instance, mineral resources, forest resources and, indeed, anything that helps us to carry out the production of goods and services, but is provided by nature, free of cost.Oct 15, 2019