Factors of production

A garbage truck driver is an example of which Factor of Production?

• labor
• land
• entrepreneurship
• capital

Iron, minerals, coal and plants are examples of which productive resource?

• land
• labor
• entrepreneurship
• capital

factory worker

• Natural
• Labor
• Capital
• ????????

a farmer

• Natural
• Labor
• Capital
• ????????

Which factor of production would you consider a lawn mower?

• Land
• Labor
• Capital
• Entrepreneur

Which factor of production would you consider a cow?

• Land
• Labor
• Capital
• Entrepreneur

The people who decide to buy.

• Producers
• Consumers
• Economist
• Entreprenuers

What is an entrepreneur?

• A person who starts a new business.
• A leader of a country.
• A worker in a factory.
• A student in college.

A product or service is scarce when

• The amount available is not enough to meet the demands of society

• The amount available can satisfy the demands of society

• Its price far exceeds the value of the item.

• One company is responsible for producing the product.

Bill Gates is an example of...

• Land

• Labor

• An Entrepreneurs

• Capital