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.
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As question is raised in a U.S. history class....The Founders were very influenced by Locke's "Two Treatises of Government," written about 120 years before Jefferson wrote the "Declaration." Hobbes' work was also written in the 17th century, and is likewise of interest.
<span>And then there's the 19th century, of American thinkers, such as Emerson, William James, and Charles Peirce (pronounced "purse"). </span>
<span>Then, there's the 18th century, but if influences are calibrated, Locke in the 17th, and Emerson and James in the 19th</span>
