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WorksheetsFactors of Production
Total questions: 14
Worksheet time: 9mins
Land includes...
The "gifts of nature" or natural resources not created by human effort.
the tools, equipment, and factories used in production of goods and services
people with all their efforts and abilities
individuals who start a new business or bring a product to market.
Capital refers to...
The "gifts of nature" or natural resources not created by human effort.
people with all their efforts and abilities
the tools, equipment, and factories used in production of goods and services
individuals who start a new business or bring a product to market.
Labor refers to...
people with all their efforts and abilities
individuals who start a new business or bring a product to market.
the tools, equipment, and factories used in production of goods and services.
The "gifts of nature" or natural resources not created by human effort.
WHAT ARE THE 4 FACTORS OF PRODUCTION?
Land, Capital, Need & Want
Land, Labor, Capital, Entrepreneurs
Water, Air, Food & Shelter
Land, Capital, Good & Service
Which of the factors of production is this?
capital
entrepreneur
land
labor
Which one of the factors of production is this?
capital
entrepreneur
land
labor
Enterprise is also refered to as:
Natural resource
Entrepreneurship
Human Resource
Man-made resources
___________ is also refered to as man-made resources
Land
Labour
Capital
Enterprise
Another name for labour is
Natural resources
Human resources
Capital
Enterprise
