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հող

One of the factors of production, along with labor, capital and enterprise. Pending colonization of the moon, it is in fairly fixed supply. Marginal increases are possible by reclaiming land from the sea and cutting down forests (which may impose large economic costs by damaging the environment), but the expansion of deserts may slightly reduce the amount of usable land. Owners earn money from land by charging rent.

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Deel van toespraak: noun
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Industrie/Domein: Economy
Category: Economics
Company: The Economist
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