The Factors Of Production And Their Rewards

Manure contains bacteria and is very high in nitrogen. The excess nitrogen can also cause nutrient-related problems in the area.

Local farmers understand the implication of commercial fertilizers and how runoff into the bay effects and contributes to the nitrogen and phosphorus pollutants. Several poultry farmers offer manure nutrients to crop farmers as a natural fertilizer option, containing and holding the poultry manure in a warehouse until spring when it is legal to spread which prevents excessive runoff into the bay (Maryland Department of Agriculture, n.d.).

Today, in the United States, farmers and ranchers produce a wide variety of commodities for food, fuel, and fiber in response to markets. These farmers understand and recognize the significance of managing their soil as well as their plant productivity. America’s farmers are true professionals because crop production is a very complex business.

Urbanization is a concept that is deeply rooted in the increase in a population within a region in response to the availability of unique opportunities. The opportunities may include the availability of employment chances in factories, investments opportunities in the urban areas, and the presence of sufficient housing and social infrastructure. It is apparent that urbanization began centuries ago in different regions of the world. However, the development of suburban areas has also been an interesting phenomenon over the centuries. Initially, people strived to live in the luxurious houses in major towns and cities. Nevertheless, there was a gradual shift in the desire to live in the cities when various negative impacts of overpopulation

As a result, real-estate development has become a keystone of a city’s productive economy. The systematized corporate-governmental restructuring of the urban landscape is difficult to oppose since a city’s productive economy is self-justifying. When ‘urban regeneration’ creates more jobs, taxes and tourism for a city, the beneficial socio-economic outcomes are attributed to the productive economy rather than from its regulation, thus perpetuating schematized

Attention getter: According to the Food and Agriculture Organization of the United States, animal agriculture is a leading source of carbon dioxide, nitrous oxide, and methane emissions, the top three greenhouse gasses (FAO, 2006).

Developers look at the land they buy as potential business, to make large profits from housing and not worrying about the effects on a global scale.

Resources are all the ingredients needed for production. The factors of production include land(natural resources, labor (workers for the production process) entrepreneur (business owners), and capital (technology and machinery/tools of production).

The study area is classified into 9 categories. Each land use type is formulated into Figure 1 and Table 1. The study area has clearly been divided into two functional parts, the northern part is mainly for residential and commercial use, and the southern part is primarily occupied by industrial and institutional use.

The no purchase option in the socio-economic section had suggested that the economic use of the land be on assumption. Also that there were no figures to determine the economic impact; however, if assumptions were made to the economic use there should be at least theoretical figures to develop an economic impact. The tax revenue for the county is also assumed to stay the same; however, if the land was to be developed by a private citizen the value of the land would increase and in turn the tax levy (Brooks, 2006). In the EA prior to the socio-economic assessment it is suggested that the tax revenue could increase due to development (Vinkey, 2006) in contradiction with each other.

We have already seen increase prices for properties in the inner city. As the prices continue to rise, this will make houses less and less affordable. Bernard Salt (2001), declare that this revival will only last another 10 to 15 years, after that the market demand will fade. More important even if the trend doesn’t change, it will mean that more high-medium density dwelling needs to be constructed to satisfy the demand. Consequently, this will threatens the available green space in the metropolitan area.

In addition, it helps to optimise the configuration and utilisation of global factors. A country’s production is limited by its factor

Burgess’s concentric zone theory was presented in 1924. He presented a descriptive urban land use model that divided cities in a set of concentric circles expanding from downtown to the suburbs. His representation came from Burgess’ observations of various American cities, especially Chicago. Burgess model assumes a relationship between the socio-economic status of households and the distance from the Central Business District. The further from the district, the better the quality of housing, but the longer the commuting time. Making this Accessing better housing is done at the expense of longer commuting times and costs as well. According to Burgess, urban growth is a process of expansion and reconversion of land uses, with a tendency of each inner zone to expand in the outer zone. According to Burgess’ theory, a large city is divided in six concentric zones, Burgess’s model has its cons according to critics. It is said to be a product of its time. That is, it won’t work the same with present cities. The model was developed when American cities were growing very fast and when motorized transportation was still uncommon as most people used public transit. Thus the concept cannot be applied to those from the second half to the twentieth century where highways have enabled urban development to escape the reconversion process and to take place directly in the suburbs. The model in this case was developed for American cities and is limited elsewhere.

"Factors of production" simply is a term used by economists to describe all that goes into making a consumer product. This would include all labor, land, capital, and time needed to make a product plus all of what it takes to distribute it. In the general sense, "factors of production" are never weak, though it is possible for specific factors employed to make specific products to be in short supply. In such circumstances, producers probably would try to offer a substitute for which critical factors were more available. Such products probably would not be as good as the product they replaced, but the economy as a whole still would continue to grow, especially in the face of continued saving and investment.

New Urbanism, a burgeoning genre of architecture and city planning, is a movement that has come about only in the past decade. This movement is a response to the proliferation of conventional suburban development (CSD), the most popular form of suburban expansion that has taken place since World War II. Wrote Robert Steuteville, "Lacking a town center or pedestrian scale, CSD spreads out to consume large areas of countryside even as population grows relatively slowly. Automobile use per capita has soared, because a motor vehicle is required for nearly all human transportation"1. New Urbanism, therefore, represents the converse of this planning ideology. It stresses traditional planning, including multi-purpose zoning,