Answer :
The following resources would be considered as land in economics : arable land, forests, oil and mineral deposits, and water.
What is land?
Land is one of the four factors of production. Factors of production are the resources, human and natural, that are used to facilitate the production of goods and services. The factors of production are land, labor, capital and entrepreneurship.
Land include all the natural resources that are used in the production of goods and services. The reward of land is rent. Land is a fixed factor of production. Land include mineral resources, rivers and arable land.
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