Answer: Land
Explanation:
Economic factors of production are needed in the production process to turn raw goods to finished goods. There are four factors of production being; <em>Land, Labor, Capital, </em>and<em> Entrepreneurship</em>.
The relevant factor here is land. Land involves every natural resource that goes into the production process including as the term suggests, the land (real estate).
The real estate that Ray Kroc acquires before building the restaurant falls under Land as a factor of production.
Answer:
English investors received a land grant from King James I. It created an incentive system where you gave money and you were promised land (with the royal seal, figuratively).
Explanation:
If you're familiar with the joint-stock company, these were the first examples of today's' corporations.
Answer:
The French and Indian War ended with the signing of the Treaty of Paris in February 1763. The British received Canada from France and Florida from Spain, but permitted France to keep its West Indian sugar islands and gave Louisiana to Spain.
Explanation:
