Factors of Production

Factors of Production

Assessment

Flashcard

Specialty, Social Studies

11th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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15 questions

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1.

FLASHCARD QUESTION

Front

Land includes...

Back

The "gifts of nature" or natural resources not created by human effort.

2.

FLASHCARD QUESTION

Front

Capital refers to...

Back

the tools, equipment, and factories used in production of goods and services

3.

FLASHCARD QUESTION

Front

Labor refers to...

Back

people with all their physical and mental efforts and abilities

4.

FLASHCARD QUESTION

Front

Entrepreneurs are...

Back

individuals who start a new business or bring a product to market.

5.

FLASHCARD QUESTION

Front

Timber is an example of...

Media Image

Back

Land

6.

FLASHCARD QUESTION

Front

A bulldozer is an example of...

Media Image

Back

Capital

7.

FLASHCARD QUESTION

Front

Your electrician is an example of

Media Image

Back

Labor

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