Factors of production

The materials that people combine to make something that satisfies our wants and needs.

The non man-made materials(natural resources)used to make a product or provide a service.

The skill, knowledge, time and energy of people involved in making a product or providing a service. !!!!PEOPLE POWER!!!!!

Man made items like tools and factories used to produce a good or service.

Upgrade to remove ads

Busy. Please wait.

Don't have an account? Sign up

taken

Age:

12 or younger
13 or older

Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account. Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password

Enter the email address associated with your account, and we'll email you a link to reset your password.

Help

Options

focusNode

Didn't know it?
click below

Knew it?
click below

Don't Know

Remaining cards (0)

Know

retry

shuffle

restart

0:00

Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

Normal Size Small Size show me how

Factors of productio

Soc Studies Final

Term	Definition
Factors of production	The materials that people combine to make something that satisfies our wants and needs.
Land	The non man-made materials(natural resources)used to make a product or provide a service.
Labor	The skill, knowledge, time and energy of people involved in making a product or providing a service. !!!!PEOPLE POWER!!!!!
Capital	Man made items like tools and factories used to produce a good or service.