click below
click below
Normal Size Small Size show me how
economics
| Question | Answer |
|---|---|
| what is a traditional economy | a economy in which people have to find there own resources to survive (hunters & gathers) |
| what are the 4 factors of production | Entreprenuer, capitol goods human and natural resources |
| what is an example of human resources | employees, workers who works in a business to get payed |
| what is a mixed economy | an economy that has most of the economy all together |
| what is a Entreprenuer | is an person the creates a business and is the head of the business and |
| where is USA on the continuum line | in the middle |
| what are some examples of natural resources | coal trees gold silver |