Describe the connection between land and labor in an industrial economy.(1 point) Responses The laborer owned the resources used in an industrial economy. The laborer owned the resources used in an industrial economy. The laborer helped the entrepreneur with the accounting. The laborer helped the entrepreneur with the accounting. The laborer applied to the bank for a loan to run the business. The laborer applied to the bank for a loan to run the business. The laborer worked the land or extracted its resources.

Answer 1

In an industrial economy, the connection between land and labor primarily involves the laborer working the land or extracting its resources. Laborers provide the necessary workforce to cultivate land, mine minerals, or utilize other natural resources that drive industrial production. While capital and entrepreneurship are crucial for the functioning of an industrial economy, the labor force is essential for the actual implementation of production processes, which often depend on the sustainable and efficient use of land and its resources.