|
|
LAND: One of four basic categories of resources, or factors of production (the other three are labor, capital, and entrepreneurship). This category includes the natural resources used to produce goods and services, including the land itself; the minerals and nutrients in the ground; the water, wildlife, and vegetation on the surface; and the air above.
Visit the GLOSS*arama
|
|
|
|
|
PRIVATE PROPERTY An economic institution in which goods, resources, commodities, or other assets (property) are owned and controlled by households and businesses (the private sector) rather than government (the public sector). Private property is a key institution, along with individual freedom and competitive markets, that helps to form the structure of capitalism.
Complete Entry | Visit the WEB*pedia |
|
|
|
Three-forths of the gold mined each year is used to manufacture jewelry.
|
|
|
"Love looks through a telescope; envy, through a microscope. " -- Josh Billings, humorist
|
|
ALAC
Latin American Free Trade Area
|
|
|
Tell us what you think about AmosWEB. Like what you see? Have suggestions for improvements? Let us know. Click the User Feedback link.
User Feedback
|
|
