How Much Farmland In The USA

Is Farmland And Other Land Considered A Natural Reource?

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Farmland and other types of land are indeed considered natural resources.

To understand the distinction between natural resources and productive resources, let's delve into the definitions and characteristics of each.

What's a Natural Resource?

These are materials or substances that occur in nature and can be used for economic gain.

They are not created by human activity and include things like water, minerals, forests, and agricultural land.

Natural resources can be classified as renewable (like forests) or non-renewable (like fossil fuels).

For example, agricultural land is a natural resource as it is a part of the earth's surface used for farming, and it exists independently of human actions.

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AcreTrader farmland investing platform$8,000+View InvestmentsYesUS Farmland, Timberland, Vineyards

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Farmland has provided investors with consistent returns for decades, but gaining exposure to this alternative asset has been a challenge in the past.

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This is a sponsored promotion for the AcreTrader platform. Farmland Riches, LLC and it's members may have investments in companies represented on the AcreTrader platform. This informational post is by no means a promotion, solicitation, or recommendation of any specific investment.

What are Productive Resources?

These encompass all the inputs used to produce goods and services.

Productive resources are typically categorized into three groups: labor (human resources), land (natural resources), and capital (man-made resources).

Productive resources are essential for any production activity, as they combine to create products and services.

For instance, labor and capital can produce nothing without land, and vice versa.

Conclusion

In summary, while natural resources like farmland are a subset of productive resources, the term “productive resources” is broader and includes human and man-made resources as well.

Natural resources are essentially the raw materials provided by nature, which are then utilized in conjunction with labor and capital to produce goods and services.

Cited Research Articles

  1. Cairncross, A., & Sinclair, P. (1982). The factors of production. , 21-45. https://doi.org/10.1016/B978-0-408-71056-5.50009-X

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Each parcel is divided into shares, and investors can purchase shares to earn cash distributions as well as benefit from the land value appreciation.

Farmland Riches is affiliated with AcreTrader, and we may earn a commission when you sign up for AcreTrader.

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