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WorksheetsFactors of Production
Total questions: 11
Worksheet time: 2mins
The imputs used to produce goods and services in order to make profit
Factors of Production
International Labor Mobility
Entrepeneurship
Refers to all natural resources involved in the making of a good or service
Labor
Land
Entrepeneurship
Capital
Refers to the manufactured resources made by man in order to produce other goods
Labor
Land
Entrepeneurship
Capital
It is the monetary value of a good, service or resource established during a transaction
Price
Wage
Term that reflects the interaction between the economic and political system
Factors of Production
Political Economy
International Labor Mobility
Wage
Refers to the ease with which workers can move to different jobs whithin different countries
Factors of Production
Political Economy
International Labor Mobility
Trade
The 2 types of International Labor Mobility
Gegraphical and Technological
Social and Cultural
Geographical and Occupational
Temporary and Long Term
Occurs when a worker switches from one job in a particular indutry from another
Geographical
Occupational
Factor relating to the growing spatial spread and cultural diversity of origins and destinations
Globalization
Differentiation
Feminization
Factor that explains that women now play a leading role in many migration streams
Globalization
Differentiation
Feminization
Factor that refers to the number of migrants growth, while the average length of their stay becomes shorter
Polarization
Acceleration
Volatility
