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Define land as a factor of production.

Define land as a factor of production.

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joseph
Land refers to all the natural resources like soil, minerals, rivers, lakes, and climate. It includes all the natural resources above and below the earth’s surface. It cannot be increased but one improves the quality of the land. It provides space for production and the raw minerals materials.
joseph rimiru answered the question on November 21, 2017 at 19:33

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