Factors of Production

Factors of Production Edpuzzle Complete the Edpuzzle below before moving on with the worksheet Using your notes, practice sorting the factors of production Choose which factor of production matches the examples below Capital Hammer Workbench Banks Salary Debt Investment Money Sewing Machine Entrepreneur A person who finds a new way to make money A contestant on Shark Tank New Inventions Local Business Discoveries New Ideas Land Cotton animal products (leather) Space to build a factory Natural Resources Rice Farm Mine (for minerals or natural resources) Labor factory worker Number of Employees at a business Skills Delivery Drivers Cashier Farmer Manager Which of the following is not a natural resource under the Land category? executives of the company cotton oil silk The delivery of the products in semi trucks mostly involves which two factors of production? Land and Entrepreneurship Capital and Labor In a Command Economy, there is a lack in Capital Resources, why? Private Business owners or investors in businesses are not allowed by the government The government controls farmland There is a lot of natural resources Fill in the blank with the correct word. By creating new inventions and ideas, entrepreneurs help boost the economy by adding more things for people to buy, and creating more jobs for people to work and get paid. Fill in the Factor of Production On the picture, click on the dots and fill in the correct Factor of Production they represent. Capital Labor Fill in the Factor of Production On the picture, click on the dots and fill in the correct Factor of Production they represent. Labor Capital Land Word Search To mark a word click its first letter then click its last. ENTREPRENEURSHIP TRADITIONAL PRODUCTION PRODUCE CAPITAL COMMAND ECONOMY MARKET FACTOR MIXED MONEY LABOR LAND SELL BUY