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What type of resource is a factory building?
A factory building is a physical resource used for manufacturing goods. It is considered a capital resource as it contributes to the production process and adds value to the final product.
Why is land considered a resource?
They aren't making anymore land, so it's a limited resource.
The factory is an example of which factor of production?
A factory is considered capital in the factors of production. Capital is any good that was used to create other goods. Since the factory is not a natural resource it can't be land, since it's not the actual workers within the factory it can't be labor, so it has to be capital.
Why land is considered as natural resource?
Land is considered a natural resource because it provides a physical space for various activities such as agriculture, housing, and industrial development. It also contains deposits of minerals and fossil fuels that can be extracted for economic use. Additionally, land plays a crucial role in supporting biodiversity and ecosystems, making it a valuable resource for both human well-being and environmental sustainability.
What is an example of fixed resource?
An example of a fixed resource is a factory building. Once constructed, the factory's physical presence and capacity remain constant, irrespective of the level of production or the number of workers employed. Other examples include machinery, equipment, and land, which do not change in quantity with variations in output.
Is land an example of an economic resource?
definition of land resource
What is land resource survey for sale discuss?
what is land resource survey for sale
Why is soil considered a nonerenewable resource?
Why is soil considered a nonrenewable resource
Is human resource a land resource?
human resource can make use of land and capital. Land and capital cannot become useful on its own.
Are crops a renewable resource or a nonrenewable resource?
Field crops can be grown over and over again, making them a renewable resource. If care is not taken, the soil can be depleted or eroded, ruining the crop land. But crops are generally considered to be renewable.
Is natural gas a land resource?
Yes, natural gas is considered a land resource because it is found beneath the Earth's surface and is extracted through drilling activities on land. It is a non-renewable energy source that is often located in underground reservoirs.
Which is not a land resource the wind a forest iron soil?
The wind is not a land resource; it is an atmospheric resource. The other options, forest, iron, and soil, are all land resources.
