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mestny [16]
3 years ago
8

The Mesozoic Era is divided into the Triassic, the Jurassic, and the Cretaceous. These divisions of the geologic time scale are

called
unconformities.
eras.
periods.
decades.
Geography
1 answer:
tankabanditka [31]3 years ago
8 0
They are called eras
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All this becomes capital goods when it is changed from its original condition. For example, farm land is considered to be natural resources, but a mall or shopping center built on it is a capital good. Also the cultivation of crops on land improves its utility and value. In short, the primary purpose of land is to generate economic value.  

Although, land as factor of production, is very essential part of many ventures. Its value can increase or diminish depending on the industry. For example, the most important investment in real estate business is land but land might not be an important investment in a technology company

The three other factors of production are labor, entrepreneurship and capital. These factors are needed mainly for supply. They are responsible for the production of goods and services in any economy.

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