Chapter 17 Review

What type of resource is things from nature used to produce goods and services?

• Human

• Natural

• Capital

• Entrepreneurs

What type of resource is the work people do and the skills they use to produce goods and services?

• Human

• Natural

• Capital

• Entrepreneurship

What type of resource is human-made goods used to produce goods and services?

• Human

• Natural

• Capital

• Entrepreneurship

What type of resource is people who take a risk to provide goods and services?

• Human

• Natural

• Capital

• Entrepreneurship

What kind of resource include these examples?

(sunlight, water, minerals, plants, soil, and animals)

• Human

• Natural

• Capital

• Entrepreneurship

What kind of resource includes these examples?

(construction workers, carpenters, servers, teachers, and firefighters)

• Natural

• Human

• Capital

• Entrepreneurship

What kind of resource includes these examples?

(tractors, drills, computers, machines, hammers, and nails)

• Natural

• Human

• Capital

• Entrepreneurship

Entrepreneurs are people who start a business-they use natural, human, and capital resources to do so.

• Neither

• False

• True

• False

What are things used to make goods and services?

• Productive resource

• Voluntary exchange

• Interdependence

• Trade

What is the money left over after a business has paid all its expenses?

• Bills

• Profit

• Expenses

• Savings