Studied by 0 people
Looks like no one added any tags here yet for you.
Land
Anything provided by nature that helps in the production of wealth ( farm animals )
Labour
Human effort involved in creating wealth ( deli assistant )
Capital
Anything made by humans that assists in the production of wealth ( machinery )
Enterprise
Takes the initiative and bears the risk involved in setting up a business to produce goods
Note 
Flashcard (127)