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Land as a Factor of
Production
Prepared by Sandrea
Butcher
Definition
– on the earth’s surface,
for example forests
– above the earth’s
surface, for example
oxygen
– beneath the earth’s
surface, for example
diamonds
• Land (or natural resources) refers to all
naturally occurring gifts of nature which are:
Characteristics
• It is fixed in supply at any point in
time.
• It is geographically immobile.
• Land can be non-renewable (coal)
or renewable (fish stocks).
Types of land (use)
• Recreational – leisure activities
• Agricultural – land used to provide
food
• Horticultural – land used for
cultivation of medicinal and
ornamental plants
• Construction – residential,
commercial and transportation uses
The Ministry
can’t be
serious about
these
potholes.
• Extraction – removal of carbon
based raw materials which are not
ingested
• Uninhabitable – land that will not
sustain human life for long periods
• Aquaculture - breeding, rearing, and
harvesting of plants and animals in
all types of water environments.
Importance
• No production can currently take
place without land.
• Natural resources are the basis for
energy generation. Different sources
include:
– fossil fuels
Coal Mining Natural gas lighted
as it seeps out of
the ground
Oil spill
– solar energy
– wind energy
– hydropower (water)
– geothermal energy (steam and hot
water)
– atomic energy
• Natural resources are needed to
build productive assets.
Productivity
• Land is more productive when it is
flatter.
• Productivity will also depend on the
climatic conditions.
– Land that is prone to slippage will be
less productive
• Productivity will diminish if land is
not used in a sustainable manner.
It took me 10,000 years to
get this big. It only took
one year for humans to
pollute the water and
bleach the coral.
What is so hard about
planting two trees when
you cut down one? It took
me 200 years to get this
big.

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Land as a factor of production

  • 1. Land as a Factor of Production Prepared by Sandrea Butcher
  • 2. Definition – on the earth’s surface, for example forests – above the earth’s surface, for example oxygen – beneath the earth’s surface, for example diamonds • Land (or natural resources) refers to all naturally occurring gifts of nature which are:
  • 3. Characteristics • It is fixed in supply at any point in time. • It is geographically immobile. • Land can be non-renewable (coal) or renewable (fish stocks).
  • 4. Types of land (use) • Recreational – leisure activities • Agricultural – land used to provide food
  • 5. • Horticultural – land used for cultivation of medicinal and ornamental plants • Construction – residential, commercial and transportation uses The Ministry can’t be serious about these potholes.
  • 6. • Extraction – removal of carbon based raw materials which are not ingested • Uninhabitable – land that will not sustain human life for long periods
  • 7. • Aquaculture - breeding, rearing, and harvesting of plants and animals in all types of water environments.
  • 8. Importance • No production can currently take place without land. • Natural resources are the basis for energy generation. Different sources include: – fossil fuels Coal Mining Natural gas lighted as it seeps out of the ground Oil spill
  • 9. – solar energy – wind energy
  • 10. – hydropower (water) – geothermal energy (steam and hot water)
  • 12. • Natural resources are needed to build productive assets.
  • 13. Productivity • Land is more productive when it is flatter. • Productivity will also depend on the climatic conditions. – Land that is prone to slippage will be less productive
  • 14. • Productivity will diminish if land is not used in a sustainable manner. It took me 10,000 years to get this big. It only took one year for humans to pollute the water and bleach the coral.
  • 15. What is so hard about planting two trees when you cut down one? It took me 200 years to get this big.