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Land value tax – Levy on the unimproved value of land; Means of production – Inputs used in the production of goods and services with economic value; Magic: The Gathering#Luck vs. skill – Collectible card game; Property rights (economics) – Economics concept; Real estate appraisal – Process of developing an opinion of value for real ...
The increase in the value of a property, due to its historic value is based on the property's age, quality, and rarity. [4] A property's historic value may be due to being associated with a historical activity, event, period, or person, [5] or it may have particular historical architectural properties.
In the Marxist theory of historical materialism, a mode of production (German: Produktionsweise, "the way of producing") is a specific combination of the: . Productive forces: these include human labour power and means of production (tools, machinery, factory buildings, infrastructure, technical knowledge, raw materials, plants, animals, exploitable land).
Whereas the mercantilist school of economics held that value in the products of society was created at the point of sale, [4] by the seller exchanging his products for more money than the products had "previously" been worth, the physiocratic school of economics was the first to see labor as the sole source of value.
Economic history is the study of history using methodological tools from economics or with a special attention to economic phenomena. Research is conducted using a combination of historical methods, statistical methods and the application of economic theory to historical situations and institutions.
Real estate appraisal, property valuation or land valuation is the process of assessing the value of real property (usually market value). Real estate transactions often require appraisals because every property has unique characteristics.
The history of economic thought is the study of the philosophies of the different thinkers and theories in the subjects that later became political economy and economics, from the ancient world to the present day.
The law of rent states that the rent of a land site is equal to the economic advantage obtained by using the site in its most productive use, relative to the advantage obtained by using marginal (i.e., the best rent-free) land for the same purpose, given the same inputs of labor and capital.