Unit 1: What is Economics?

Front

What factor of production is: Economics Classroom?

Back

Physical Capital

Front

What factor of production is: Sugar Cane?

Back

Land

Front

What factor of production is: I heart Zupan T-shirts?

Back

Physical Capital

Front

What factor of production is: Field Hockey Practice?

Back

Human Capital

Front

What factor of production is: Iron worker?

Back

Labor

Front

What factor of production is: Bulldozer?

Back

Physical Capital

Front

What factor of production is: Student?

Back

Human Capital

Front

What factor of production is: Oil?

Back

Land

Front

What factor of production is: IRS Building?

Back

Physical Capital

Front

Why are all goods and services scarce?

Back

all resources are scarce