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.
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Land
(Natural Resources)
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Labor
(Human Resources)
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Capital
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Entrepreneurial
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Tree
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ü
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Office Building
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Water
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Magazine
Publisher
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Teacher
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Oil Rig
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Corporate
Manager
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Fish
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Bus Driver
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Automated
Teller Machine
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Small Business
Owner
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Tractor
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Construction
Worker
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Printing Press
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Fertile Land
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Henry Ford
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Farmer
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Sir, wouldn't FARMER be an Enterprise and Labour both?
ReplyDeleteBecause farmer will provide wheat and other goods to the consumers as a labourer.
Also the farmer runs his own business.
-Harsh Chandarana 8E.