Factors of Production

Resources used to make goods and services

• Factors of Economics

• Factors of Goods

• Factors of Resources

• Factors of Production

Things found on earth that occur naturally

• Entrepreneurship

• Natural Resources

• Labor

• Capital

The people that perform the work to produce goods or services.

• Entrepreneurship

• Natural Resources

• Labor

• Capital

Money and all the man made resources that are needed to produce a good or service.

• Entrepreneurship

• Natural Resources

• Labor

• Capital

The person that is CREATIVE and takes a RISK to start a business.

• Entrepreneurship

• Natural Resources

• Labor

• Capital

Which is an example of Natural Resources?

• Steve Jobs

• Coal

• Doctor

• Tools

Which is an example of ENTREPRENEURSHIP?

• Steve Jobs

• Coal

• Doctor

• Tools

Which is an example of CAPITAL?

• Steve Jobs

• Coal

• Doctor

• Tools

Which is an example of LABOR?

• Steve Jobs

• Coal

• Doctor

• Tools