👉 In the context of economics, a "landgate" is a situation where an individual or entity has secured control over a significant amount of land in exchange for a payment. Landgates can be either direct or indirect, depending on how the payment relates to the land's ownership. Direct landgate refers to the transfer of land ownership from one party to another through the use of money, title deeds, or other means. In this case, the land is transferred as part of a transaction or