AP 9 Quiz

These are portion of the population who are 15 years old and above and are capable of working productively

• Manpower Resources

• Production

• Labor

These are things, living or non-living that satisfy human economic wants

• Entrepreneur

• Resources

• Population

This refers to God-given things that people use to satisfy their economic wants

• Manpower Resources

• Human Resources

• Natural Resources

Technical Term economist use for resources

• Factors of Production/input

• Economical production/Output

These are lands that can be owned and acquired by private individuals

• Entrepreneur

• Disposable or Alienable Lands

• Land Reform

It is the Physical or mental Effort exerted to produce a product and for which the worker gets paid

• Capital

• Human Resource

• Labor

These are considered innovators because of their ability to combine different factors of production into new and creative ones

• Entrepreneur

• Socialism

• Capitalism

This is the type of fishing operation carried out under a controlled environment, such as fish ponds and fish cages.

• Non forest Lands

• Poultry

• Aqua Culture

Through this, a country generates resources

• Production

• Lands

• farming

This is made up of people who are 15 years old and above who are either employed or unemployed

• Production

• Livestock

• Population