The Factors of Production Homework (also known as the Productive Resources)
READ: The Factors of Production
are what we use to produce all of the goods and services we produce to try and
meet our unlimited wants and needs! Here
they are again:
· Entrepreneur (Enterprise) – people who create new businesses or
have new ideas, which change things.
· Natural Resources – from nature, renewable and nonrenewable
· Human
Resources
· Capital
Resources – anything we produce and
use to produce goods and services.
See how accurately you can complete this question.
Lacrosse
International, started by Mr. Moneybags, produces lacrosse balls in many
different colors. Material for creating
the lacrosse balls is brought by ships and trains from rubber trees in India.
The Lax-Machine can produce 10,000 lacrosse balls a day. Temporary workers are employed to deliver the
finished product to businesses and colleges using their automobiles. Secretaries at the factory take orders day
and night. Telephones are ringing off the hook.
Please place each resource you
find in the paragraph under the corresponding category below.
|
Natural
|
Human
|
Capital
|
Entrepreneur
|
|
|
|
|
|
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