Unit 1.2 Factors of Production
Flashcard
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Other
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11th Grade
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Practice Problem
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Hard
Irene Chung
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8 questions
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1.
FLASHCARD QUESTION
Front
Capital
Back
includes all man-made resources
2.
FLASHCARD QUESTION
Front
Economic resources / Factors of production
Back
land, labour, capital & enterprise
3.
FLASHCARD QUESTION
Front
Enterprise
Back
brings all the other factors together to produce a good or service
4.
FLASHCARD QUESTION
Front
Factor immobility
Back
the difficulties in transferring factors of production so that they may be used by an alternative industry
5.
FLASHCARD QUESTION
Front
Geographical mobility
Back
the ease with which an individual can change from one location to another for work purposes
6.
FLASHCARD QUESTION
Front
Labour
Back
includes all human resources
7.
FLASHCARD QUESTION
Front
Land
Back
includes all natural resources
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