The soil pH is a measure of the acidity or alkalinity in soils. aq) in a solution. In water, it normally ranges from -1 to 14, with 7 being neutral. A pH below 7 is acidic and above 7 is alkaline. Soil pH is considered a master variable in soils as it controls many chemical processes that take place.
3. Cultural Factor : It is an established fact that there is an intimate connection between our beliefs and social institutions, our values and social relationships. Values, beliefs, ideas, institutions are the basic elements of a culture.
In this lesson, you'll learn about factors of production in economics, including their definition, their importance, and some examples. You'll also have a chance to take a short quiz. Factors of production are the resources used by a company to produce goods and services. The universally recognized factors of production include land, labor, and capital. Some scholars include enterprise - entrepreneurship - as a fourth factor, while many argue that it should fall under labor.