This purchase best represent land, as the factors of production
Land as a factor of production has a broad meaning and can take difference forms, from agricultural land to real estate to the available resources from a certain pieces of land.
<h2>Further Explanation</h2>
Land represents all natural resources available to create supply. Land includes raw property and anything that emanates from the ground. It can be a non-renewable or renewable resource. Non-renewable resources include commodities such as gold and oil and renewable resources such as timer.
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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KEYWORDS:
- land
- capital labor
- value
- agricultural land
- goods and services
True im pretty sure i was told this once before
High mountain and Desert are the climate zones can be found anywhere on earth no matter the latitude location
Answer: Option C
<u>Explanation:</u>
The tropical, temperate and the polar zones are only found on certain extent on the surface of the earth like tropic of cancer extends from 0 to 23.5 degrees, temperate extends from 23.5 to 66.5 degrees and polar from 66.5 to 90 degrees but mountains and desert are the ones which are found on almost the whole surface of the planet not considering the latitude of the planet.
Answer:
Lake Victoria has a variety of environments such as rocky shores and muddy bottoms; this environment heterogeneity promotes speciation.
Explanation:
the diversity assists marjorly
