Examples of land as a factor of production.
| December 25, 2020 | education
1. A farmer grows 20 kg of potatoes in his garden, which he then sells on the market and makes a profit.
2. A company engaged in the oil industry extracts 500 liters of oil daily, which is further processed and sold.
3. For the construction of houses, the construction company regularly cuts trees to obtain wood, which is necessary for production.
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