Question

Examples of factor of land

Answer 1

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

Explanation:

Answer 2

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