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Show LOCAL LAND VALUES REGULATED BY THE ELEMENTS OF CIVILIZATION. How do wo determine what n thing Ib worth? Take land, for instance. Land values hero in Eastern Utah represent what folks will pay whenever there is any for sale. Originally tho land was worth noxt to nothing, but with tho concentration of settlers, tho founding of settlements, settle-ments, the growth into villages and towns, the land became "worth" more because people thought tho presence of others nnd tho advantages advan-tages inciflent to community relations and the crcrttlon of markets enhanced the desirability of owning the land. At tho time the Indians owned this land It could hnvo produced just as much per acre as today, but civilization did not exist on tho land nnd consequently it wasn't worth much. Then who creates value? Is it the man himself on the land, or tho co-operation of the forces about him? The latter, of course. And everything that tends to uplift civilization and society adds to tho value of everything else in it including liimi The timo when Main street was part of a tractless waste, land in Price wna practically valueless because the civilization of today was lacking. And the greater the elements of civil!-zatlon civil!-zatlon people, markets, the necessities of life nrc concentrated in this vicinity, the greater will .become the value of the land or what it is "worth" when people buy nnd sell it. |