Land: Difference between revisions
Jump to navigation
Jump to search
imported>David Martin No edit summary |
imported>Janos Abel (add a reference) |
||
| Line 1: | Line 1: | ||
In economic theory, '''land''' is one of the three [[factors of production]]. The other factors are [[labour]] and [[capital]]. | In economic theory, '''land''' is one of the three [[factors of production]]. The other factors are [[labour]] and [[capital]]. | ||
Alongside [[labour]] land is also recognised by most(?) | Alongside [[labour]] land is also recognised by most(? Samuelson uses the phrase ''often called'', pp. 50) economists as a primary factor.<ref>Samuelson and Nordhaus ''Economics'', (1989).</ref> | ||
<references/> | |||