Front

WHAT ARE THE 4 FACTORS OF PRODUCTION?

Back

Land, Labor, Capital, Entrepreneurs

Front

WHAT IS LABOR?

Back

work people do for pay to produce goods and services

Front

_______________ IS KNOWN AS THE MANMADE RESOURCES USED TO PRODUCE GOODS AND SERVICES.

Back

Capital

Front

_______________ IS KNOWN AS THE NATURAL RESOURCES USED TO PRODUCE GOODS AND SERVICES

Back

Land

Front

AN ENTREPRENEUR IS A PERSON WHO _______________.

Back

uses land, labor, and capital to produce good and services.

Front

Which of the factors of production is this? Options: capital, entrepreneur, land, labor

Back

labor

Front

Which one of the factors of production is this?

Back

capital

Front

What is another name for someone who starts a business?

Back

entrepreneur

Front

Which factor of production is this? Options: capital, entrepreneur, land, labor

Back

land

Front

This factor involves money, equipment, and tools and any items to produce goods and services?

Back

capital