ACP ECONOMIC Review

Front

Which of the following is an example of labor in this scenario? The flour, The bakery owner, The bakers who makes the bread, The bakers who make the bread

Back

The bakers who make the bread

Front

What is an example of capital in this situation?

Back

the tractor used to plow the feilds

Front

Which of the following is an example of Entrepreneurship in this situation? Designing a new logo for the t-shirts, Buying cotton from suppliers, Hiring more workers to increase production, Starting and managing the clothing company that produces t-shirts.

Back

Starting and managing the clothing company that produces t-shirts.

Front

What is an example of land in this situation?

Back

The physical location of the restaurant.