| A | B |
|---|
| factors of production | resoures that are used to produce goods and services. |
| capital resources | stuff such as machines,buildings, and money |
| labor | any person who contributes physical or mental energy production process |
| labor force | any one over 16 that has a job |
| scarcity | the lack of something |
| natural resources | a foctor of production that comes from the air,water, and earth |
| economic resources | a resource that can be to create goods and services |
| renewable resources | a resource that can renew itself |
| nonrenewable resources | a resource that can't be replace or renewed |
| human resources | a person who contributes physical or mental energy to the production services. |
