Land Word Scramble
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| Question | Answer |
| Define land | Anything provided by nature that helps in the production of output |
| Name four examples of land | Seas/rivers, climate, mineral wealth, physical land |
| Name 5 characteristics of land | Fixed supply. No cost of production. Non specific. Price does not affect quantity. Lack of mobility. |
| Why is land unique? | No cost of production, supply is fixed |
| Name two qualities of the demand for land | It is derived, and dependent on its MRP |
| To whom does land use go to? | Highest bidder |
| Name 4 factors that affect land price | Demand for private houses. Road building. Business demand. Public amenities. |
| Name 4 reeasons why government intervention is used to regulate land use | Planned development. To ensure adequate supply of land. To preserve historical sites. To preserve green areas. |
| What 5 factors affect factory locations? | Wage rates. Land cost. Nature of product. Infrastructure. Government influence. |
Created by:
JackEatonK98
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