Economic Resources 1 Flashcards

1

You and the people that start or work for your business.

2

Anything that is used to run your business. (Money, Tools, Inventory)

3

The factors that are used in the production of goods and services.

4

What type of resource is this?

5

What type of resource is this?

6

A person who takes a risk to produce goods and services in order to make a profit.

7

What type of resource is this?

8

What type of resource is this?

9

Anything that is not man-made that you use to start or have a business.

10

What type of resource is this?

Economic Resources 1