Key Words Flashcards
1
Q
Land
A
Somewhere to produce the goods
2
Q
Labour
A
People to work in the business
3
Q
Capital
A
Money to get the business started
4
Q
Enterprise
A
This is the drive or motivation from the entrepreneur
5
Q
Primary sector
A
Extracts raw materials from the planet
6
Q
Secondary sector
A
Goods are manufactured using raw materials
7
Q
Tertiary
A
The selling of manfactured goods