The four factors of production 🩵
0.0(0)
Studied by 0 people
Call Kai
Learn
Practice Test
Spaced Repetition
Match
Flashcards
Knowt PlayCard Sorting
1/3
There's no tags or description
Looks like no tags are added yet.
Last updated 12:54 PM on 2/25/25
Name | Mastery | Learn | Test | Matching | Spaced | Call with Kai |
|---|
No analytics yet
Send a link to your students to track their progress
4 Terms
1
New cards
Land
Anything provided by nature that helps in the production of wealth ( farm animals )
2
New cards
Labour
Human effort involved in creating wealth ( deli assistant )
3
New cards
Capital
Anything made by humans that assists in the production of wealth ( machinery )
4
New cards
Enterprise
Takes the initiative and bears the risk involved in setting up a business to produce goods
Note 
Flashcards (58)