FC2: resources,economic growth,self-sufficiency
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Last updated almost 6 years ago
5 questions
1
Mary decides to produce and sell apple juice. She leases an apple orchard and renovates the kitchen and equipment to produce and bottle the apple juice. Mary hires three employees. Two employees will maintain the apple orchard and bottle the juice, and one will market the apple juice using the internet.
Mary decides to produce and sell apple juice. She leases an apple orchard and renovates the kitchen and equipment to produce and bottle the apple juice. Mary hires three employees. Two employees will maintain the apple orchard and bottle the juice, and one will market the apple juice using the internet.
- bottles
- apple orchard
- employees
- Mary
- internet
- kitchen and equipment
- land
- human capital
- physical capital
- entrepreneur
1
Which of the following resources is non-renewable?
Which of the following resources is non-renewable?
1
Which of the following resources is most critical to a nation's ability to produce more output?
Which of the following resources is most critical to a nation's ability to produce more output?
1
Which of the following motivates an entrepreneur to start a business?
Which of the following motivates an entrepreneur to start a business?
1
The modern day global economy works on the principle that every nation is self-sufficient.
The modern day global economy works on the principle that every nation is self-sufficient.