As a factor of production,any of the gifts of nature are called

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Quizplus · Accepted Answer

Gifts of nature, such as natural resources, are considered a "factor of production" in economics. These resources are essential for the production of goods and services, and they cannot be created by humans. Therefore, they are considered a separate factor from labor, capital, and entrepreneurial ability. Land is the term used to encompass all gifts of nature, including land itself, water, minerals, forests, and any other natural resources.

As a Factor of Production,any of the Gifts of Nature