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6 Cards in this Set
- Front
- Back
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Land |
Land and all renewable and non renewable resources |
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Labour |
Workforce: manual or skilled, can be intensive, proportionate to the labor input |
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Capital |
Finance needed to pay the start up costs and its continuing operations and all man-made resources |
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Enterprise |
Driving force of business provided by entrepreneurs to combine all factors of production to make a business |
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Consumer Goods |
Physical and tangible goods sold to the popular masses. |
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Consumer Services |
Non-tangible products that are sold to the general public |
