2.7k views
2 votes
Examples of factor of land

User Philoye
by
5.1k points

2 Answers

6 votes

The first factor of production is land, but this includes any natural resource used to produce goods and services. T

This includes anything that comes from the land. Some common land or natural resources are water, oil, copper, natural gas, coal, and forests.

  • Means of Irrigation
  • Improvements on Land
  • Qualities of Land: The productivity of land depends on its natural qualities
  • Situation of Land
  • Ownership of Land
  • Proper Use of Land
  • Improved Methods of Cultivation
  • Trained Labour
Examples of factor of land-example-1
User Xiawei Zhang
by
5.1k points
3 votes

Answer:

  1. The first factor of production is land
  2. Some common land or natural resources are water, oil, copper, natural gas, coal, and forests

Step-by-step explanation:

User Jurchiks
by
4.7k points