WorksheetsFactors of Production
Total questions: 15
Worksheet time: 11mins
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 physical and mental 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 physical and mental 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 physical and mental 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.
Entrepreneurs are...
people with all their physical and mental efforts and abilities
individuals who start a new business or bring a product to market.
The "gifts of nature" or natural resources not created by human effort.
the tools, equipment, and factories used in production of goods and services
Timber is an example of...
Your electrician is an example of
Your veterinarian is an example of...
Bill Gates is an example of...
Land
Labor
An Entrepreneur
Capital
Which factor of production would you consider gold?
Land
Entrepreneur
Which factor of production does this picture show?
Natural resources
Labor
Capital
Entrepreneurs
Which factor of production does this picture show?
Natural resources
Labor
Capital
Entrepreneurs
Which factor of production does this picture show?
Natural resources
Labor
Capital
Entrepreneurs
Which factor of production does this picture show?
(That's Andrew Carnegie)
Natural resources
Labor
Capital
Entrepreneurship
