Not a productive economic resource

Economic Resources Practice Flashcards

1

a worker on an oil platform on the Gulf Coast

Land
Entrepreneurship
Capital
Labor

2

tuna in the ocean

Not a productive Resource
Labor
Entrepeneurship
Land

3

kids making lemonade

Capital
Labor
Entrepeneurship
Not a productive resource

4

a Sims computer game

Land
Not a productive economic resource
Capital
Labor

5

100 shares of Apple stock

Labor
Not a productive Resource
Capital
Entrepreneurship

6

an Intel engineer developing a smaller microchip

Capital
Entrepreneurship
Land
Labor

7

iron ore

Labor
Capital
Entrepreneurship
Land

8

a tractor

Capital
Labor
Entrepreneurship
Land

9

oil drilling equipment

Labor
Capital
Land
Not a productive resource

10

a $100 bill

Not a productive Resource
Entrepeneurship
Land
Capital

11

Which of the following is the second ACTOR or TRANSFORMER in the production process?

Captial
None
Entrepreneur
Land

12

Which of the following is an ACTOR or TRANSFORMER in the production process?

None
Entrepreneur
Labor
Land

13

Kids setting up a lemonade stand

Capital
Labor
Land
Entrepeneurship

14

water in Lake Minnetonka

Not a productive resource
Capital
Labor
Land

15

Tuna in a can (you are going to eat it)

Not a productive Resource
Land
Capital
Labor

Economic Resources Practice

Questions 15

Economic Resources Practice

Questions 15