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Economic Resources Flashcards | StudBud
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Economic Resources
Economic Resources
20 terms
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StudBud Administration
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120 plays
4 Resources 3 types of Business Ownerships #resources #economics #smithfieldmiddleschool
Flashcards
20 cards
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Practice quiz
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Questions
20
Answers
1
What type of resource is this?
Entrepreneurship
Human
Capital
Natural
2
What type of resource is this?
Capital
Entrepreneurship
Human
Natural
3
What type of resource is this?
Entrepreneurship
Human
Natural
Capital
4
Anything that is not man-made that you use to start or have a business.
Natural Resources
Human Resources
Entrepreneurship
Capital
5
What type of business?
Proprietorship
Partnership
Corporation
6
One person who is the owner, takes all the risks, runs the business the way he wants to.
Entrepreneur
Governor
Human Resource
Factory Worker
7
What type of resource is this?
Capital
Human
Natural
Entrepreneurship
8
What type of resource is this?
Natural
Capital
Human
Entrepreneurship
9
Anything that is used to run your business. (Money, Tools, Inventory)
Capital
Natural Resources
Entrepreneurship
Human Resources
10
Authorized by law to act as a legal person. Many owners who share the profits.
Corporation
Proprietorship
Partnership
11
The factors that are used in the production of goods and services.
Resources
Corporation
Competition
Entrepreneur
12
What type of resource is this?
Capital
Entrepreneurship
Natural
Human
13
What type of business?
Partnership
Proprietorship
Corporation
14
You and the people that start or work for your business.
Capital
Entrepreneurship
Natural Resources
Human Resources
15
A person who takes a risk to produce goods and services in order to make a profit.
Human Resources
Natural Resources
Entrepreneurship
Capital
16
Two or more owners who share the risks and the profits.
Corporation
Proprietorship
Partnership
17
What type of resource is this?
Human
Entrepreneurship
Capital
Natural
18
One owner who takes all the risks and all of the profits.
Partnership
Proprietorship
Corporation
19
What type of business?
Corporation
Proprietorship
Partnership
20
What type of resource is this?
Capital
Entrepreneurship
Natural
Human
