The term that would be used to describe the wood used when building a house is "Land."
This is because, in economics, the factors of production are usually divided into four which include Land, Labor, Capital, and Entrepreneurship.
Land includes the landed properties and the raw materials gotten from the land. And since the wood is gotten from trees which is a product of land, thus wood in building construction is considered land.
Capital is the money spent during the production or constriction process.
Labor is the humans that work on the site.
While Entrepreneurship is the owner that spends the money and gathers other factors of production.
Hence, in this case, it is concluded that the correct answer is option A. Land.
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