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4 cards from this section. Quick, good the night before a test.
What are the four factors of production?
Think of the main categories mentioned.
What do we call income earned from land?
What do landlords receive for leasing property?
What are the four factors of production?
Recall the key terms from our discussions.
True or False: Labour can be separated from the labourer.
Think about what it means to provide labour.
Given a community produces cheese, discuss the importance of each factor of production in its success.
Consider how each aspect contributes to the end product.
Analyze what would happen if one factor of production were removed from the cheese production community.
Reflect on the dependence each factor has on the others.
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