Match each Factor of Production with its example. Land Labor Capital Entrepreneurship III Cornfield College graduate Freeway Small business owner

Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter8: Business Organizations
Section: Chapter Questions
Problem 11AA
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Match each Factor of Production with its example.
Land
Labor
Capital
Entrepreneurship
[II]
Cornfield
College graduate
Freeway
Small business owner
Transcribed Image Text:Match each Factor of Production with its example. Land Labor Capital Entrepreneurship [II] Cornfield College graduate Freeway Small business owner
Place the economic systems in order from the most restrictive (at the top) to the least restrictive (at the bottom).
Remember, restrictions can be things like government control or anything that might prevent YOU from economic trade.
= Command
= Free Enterprise
= Traditional
= Mixed
Transcribed Image Text:Place the economic systems in order from the most restrictive (at the top) to the least restrictive (at the bottom). Remember, restrictions can be things like government control or anything that might prevent YOU from economic trade. = Command = Free Enterprise = Traditional = Mixed
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