Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

Economics > Factors of production > Flashcards

Factors of production Flashcards

1
Q

Four factors

A

land,labour,capital entrepreneurship

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Production

A

conversion of economic resources into goods or services

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q
A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Productivity

A

measures of output per unit of imput

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Factors

A

Land ,Rent
Labour,Salaries,wages
Capital earns interest
Entrepreneurship earns

How well did you know this?
1
Not at all
2
3
4
5
Perfectly

Economics (9 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2025 Bold Learning Solutions. Terms and Conditions