4 Factors of Production

The 4 factors of production are.......

What Factor is this?

• Land

• Labor

• Capital

• Entrepreneur

Match the following the 4 Factors of Production

• Refers to the gift of nature

• 
• Items used to CREATE other Goods

• 
• Person who started the business (RISK)

• 
• People and all their skills, labor

• 

What Factor is this?

• Land

• Labor

• Capital

• Entrepreneur

Which factor do you think is the most important and why?

Capital Goods are Goods that make other

Match the following according to how they would use the 4 factors of production

• Ovens, Fridge, Mixer

• 
• Machinery, Mechanics, Assembly Line

• 
• Tractor, Irrigation System, Rake

• 

What do you think would happen to businesses if the Labor force decided to stop going to work for a week?

True or False: A Tractor is apart of the factor Labor.

• True

• False

Match the following

• Labor

• 
• Land

• 
• Entrepreneur

• 
• Captial Goods

•