In economics, land includes all the natural occurring resources along with the Geographic land. It includes Geographical locations as well as mineral deposits, Forests, Fish, Cows. Supply with regards to these resources is fixed. Land comes under one of the three factors of production. The other two factors are Capital and labor. Livestock also comes under land resources. Domesticated animals are most of the times referred as livestock. Horses are considered to be the part of livestock in the United States. In traditional times, Animal husbandry was known to be a part of a farmer’s way of life. Killing animal for food was considered to be secondary purpose. Animals are kept extensively. Hens used to live for months without being fed but they were still able to produce one or two eggs a week and dairy cows are kept in conditions where there is no or very less Gazing field available.

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Answer Details

Grade: High School

Chapter: Land Resources

Subject: Economics

Keywords: Livestock, Cows, Farming, Hens, Eggs, Land resources, economics, farmers, gazing.

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4 years ago

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