Tuesday, 9 July 2013

Factors of Production


Dear grade 8E students,
Solve this worksheet and show me in the next class.

Chapter 1 Factors of Production

Directions: Classify each of the Factors of Production listed below as either a Land (natural) resource, a Labor (human) resource, a capital resource, or an entrepreneurial resource. Place a check mark (ü ) in the appropriate box on the right to indicate your choice. The first one has been done for you.


Land
(Natural Resources)
Labor
(Human Resources)
Capital
Entrepreneurial
Tree
ü



Office Building




Water




Magazine Publisher




Teacher




Oil Rig




Corporate Manager




Fish




Bus Driver




Automated Teller Machine




Small Business Owner




Tractor




Construction Worker




Printing Press




Fertile Land




Henry Ford




Farmer





1 comment:

  1. Sir, wouldn't FARMER be an Enterprise and Labour both?
    Because farmer will provide wheat and other goods to the consumers as a labourer.
    Also the farmer runs his own business.
    -Harsh Chandarana 8E.

    ReplyDelete

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