A | B |
capital | anything that is used to produce goods and services |
entrepreneur | a person who decides how to combine resources to create goods and services |
factors of production | resources needed to produce goods and services |
four | number of factors of production |
labor | the work people are paid to do to produce goods and services |
labor force | all the people who work for money |
land | all the natural resources that are used to produce goods |
services | actions one person does for another |