What are the four factors of production?, Money, Goods, Services, Trade, Land, Labour, Capital, Entrepreneurship, supply, Demand, Market, Price, Work, Wage, Profit, Rent, Which factor of production includes natural resources?, labour, capital, land, Entrepreneurship, A teacher working in a school is an example of:, Land, Capital, Business, labour, Machines and tools used to produce goods are called:, Labour, Land, Capital, Entrepreneurship, Allocation of resources means:, Producing goods, Using resources wisely, Buying products, Selling goods, Which factor of production is responsible for organizing the others?, Land, labour, capital, Entrepreneurship, Which of the following is the BEST example of capital?, A farmer, A tracor, Soil, Rain, When a government decides how to spend money on schools or hospitals, this is:, Production, Allocation of resources, Consumption, business, Which statement is TRUE?, Resources are unlimited, Human wants are limited, Resources are scarce, Allocation is not important.

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