
POB key terms
Authored by Anthony Reyes
Business
KG - Professional Development
Used 2+ times

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17 questions
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1.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
What is production?
Human resources
The economic process or activity of producing goods and services
Resources provided by nature
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is scarcity?
A condition resulting from the gap between unlimited wants for goods and services and limited resources
Being afraid
A city in the U.S
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is natural resources?
TREE
Producing goods
Any resource found in nature that is used to produce goods and services
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is Entrepreneurship?
minding your business
Blueberry-Cardamom Pie
using/combine Factors of Production resources to create a new product or services
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is human resources?
People who work to produce goods and services.
Using people as building materials
Exotic Spice Cookies with Ginger, Cardamom and Rose Water
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one factor of production?
natural resources
caesar salad
scarcity
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are capital goods?
Washington D.C
Manufactured or constructed items that are used in the production of goods and services
Italics
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