What is Land (economics)?
In [[economics]], '''land''' means all [[natural resource]]s that cannot be produced in a larger quantity if prices go up, such as geographical locations and [[mineral deposit]]s. In [[classical economics]] it is considered one of three [[factors of production]], the other two being [[Capital (economics)|capital]] and [[Labour (economics)|labor]]; income that one gets because of [[ownership]] or control of natural resources is often referred to as [[Economic rent|rent]]. {{Land use}} [[Category:Factors of production]] {{stub}}