Factors of Production

What is production ?

• The creating of something

• The manufacturing of services

• A factor of capital resources

• The production of goods

There are _______ factors of _______?

• 5 , manufacturing

• 3 , capital

• 4 , production

• 4, resources

What are the factors of production ?

(a)  

Land resources are

• The persons at the top who coordinates the factors of production

• All the money and the other assets that are employed during in the process of production

• All the persons available for the work force

• All the natural resources on the earth

Labour resources are _______

• The persons at the top who coordinates the factors of production

• All the money and the other assets that are employed during in the process of production

• All the persons available for the work force

• All the natural resources on earth

Capital resources are __________

• The persons at the top who coordinates the factors of production

• All the money and the other assets that are employed during in the process of production

• All the persons available for the work force

• All the natural resources on earth

Enterprise are __________

• The persons at the top who coordinates the factors of production

• All the money and the other assets that are employed during in the process of production

• All the persons available for the work force

• All the natural resources on the earth