28484084
Description
Mind Map by MATTEO TREZZI LARRAURI, updated more than 1 year ago
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Created by MATTEO TREZZI LARRAURI
over 3 years ago
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THE FACTORS OF PRODUCTION
- LAND
- NATURAL RISOURCES WE GET
FROM NATURE
- WATER
- AIR
- PLANTS
- MINERALS
- ANIMALS
- WATER
- NATURAL RISOURCES WE GET
FROM NATURE
- LABOUR
- WORK BY THE POPLE NEED FOR THE
PRODUCTION OF GOODS AND SERVICES
- THE INCOME EARNED BY LABOUR
RESOURCES IS CALLED WAGES
Annotations:
- INCOME: Money that is earned
- THE ENTREPENEURIS THE PERSON WHO COMES UP WITH AN
IDEA FOR A BUSINESSES AND BRINGS THE REST OF THE FACTORS
OF PRODUCTION TOGETHER
- THE INCOME EARNED BY LABOUR
RESOURCES IS CALLED WAGES
- WORK BY THE POPLE NEED FOR THE
PRODUCTION OF GOODS AND SERVICES
- CAPITAL
- THE MAN-MADE RESOURCES USED TO
PRODUCE GOODS AND SERVICES
- TECHNOLOGICAL
CPITAL
- THE TECHNOLOGICAL RESOURCES
LIKE iNTERNET SITES OR SOFTWARE
- THE TECHNOLOGICAL RESOURCES
LIKE iNTERNET SITES OR SOFTWARE
- FINANCIAL
CAPITAL
- THE MONEY INVESTED
Annotations:
- INVESTED: To put money into a businesses in hope of profits
- THE MONEY INVESTED
- CAPITAL
GOODS
- THE MACHINERY, COMPUTERS,
TOOLS, FACTORIES, OR OFFICE
BUILDINGS
- THE MACHINERY, COMPUTERS,
TOOLS, FACTORIES, OR OFFICE
BUILDINGS
- TECHNOLOGICAL
CPITAL
- THE MAN-MADE RESOURCES USED TO
PRODUCE GOODS AND SERVICES
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