Rule of 3's Economics

What are the Three Basic Economic Questions? (Select All That Apply)

• How to Produce?

• What to Produce?

• For whom to produce it?

• Where to produce?

List 5 resources used in the production of this truck.

What are the 3 Factors of Production? (Select All That Apply)

• Land

• Labor

• Capital

• Entrepreneurship

List an example of Land.

List an example of Labor.

List an example of Capital.

What are some concerns associated with Land?

What are some concerns associated with Labor?

What are some concerns associated with Capital?

What are the 4 types of Economic Systems?