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Economics - CIA4U > Productive Resources > Flashcards

Productive Resources Flashcards

1
Q

Tangible Resources

A

Natural resources, raw materials, water, fertile soil

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2
Q

Labour

A

Unskilled/skilled labourers

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3
Q

Capital

A

Facilities, machinery, equipment, money capital

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4
Q

Entrepreneurship

A

Organization, management, direction, risk-taking, innovation

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5
Q

Knowledge

A

Science, tech, experience, education/training

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5
Q

Environment for enterprise

A

Political/economic stability, social values supporting enteprises, work ethic

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Economics - CIA4U (37 decks)

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