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Factors of Production for a Bakery Cupcake
Flashcard
•
Social Studies
•
9th - 12th Grade
•
Practice Problem
•
Hard
Wayground Content
FREE Resource
Student preview
15 questions
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1.
FLASHCARD QUESTION
Front
Which factor of production includes 'gifts of nature'?
Back
Land
2.
FLASHCARD QUESTION
Front
What is an example of Land in cupcake production?
Back
The wheat grown in soil
3.
FLASHCARD QUESTION
Front
Which factor of production involves physical and mental effort?
Back
Labor
4.
FLASHCARD QUESTION
Front
Who is responsible for customer service and transaction processing?
Back
The cashier
5.
FLASHCARD QUESTION
Front
What is an example of Physical Capital in cupcake production?
Back
The bakery building
6.
FLASHCARD QUESTION
Front
Which factor of production includes specialized skills or 'know-how'?
Back
Human Capital
7.
FLASHCARD QUESTION
Front
What is an example of Financial Capital?
Back
The money used to buy ingredients
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