Land - The natural resources used to provide a good or service such as water, a plot of land, fields, fish or coal., Labour - The workforce used to produce a product or provide a service such as builders, teachers or plumbers, Capital - The man-made resources used to produce a product or provide a service such as machinery, tools, money or delivery trucks., Enterprise - The idea the owner had to create the business. How the land, labour and capital is used to make a good or provide a service., Factors of Production - Land, labour, capital and enterprise come together to make a product. , Supplier - Companies that provide goods or services that a company or business requires producing its products or achieving its aims.,
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S3 Operations
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Lucymcvicar
KS4
Economics
Economic foundations
Production, costs and revenue
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