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
C. Convergent
Explanation:
When two plate boundaries collide, it causes earthquakes. The deepest and most powerful earthquakes occur at plate collision (or subduction) zones at convergent plate boundaries.
Answer:
Conservation
Explanation:
One important way to increase non-renewable resources is by conserving them.
- Non-renewable resources are resources which cannot be replenished at the current rate of their usage.
- In short, they become depleted with with usage
- When resources are conserved, they are strategically used.
- This ensures that time is given for them get replenished in the ecosystem.
Examples of non-renewable resources that must be conserved are metallic ores and fossil fuels.
Also, it must be noted that when resources are recycled, it reduces the dependence on the natural resources.
Plant leaves and dead organic matter are broken down by decomposers,to produce soil nutrients for plants. This is an important role decomposers play in the nutrient cycles.
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Answer:
to make the uniformity in the world measurement
Explanation:
means everyone could measure 1 kg in world 1 kg only in any part of world so it is bought in action of standard measurement
