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U2L1CYK Review

U2L1 CYK Review Read each question. Decide your answer. Click on the card to see if you are correct!
The period of time in American history when the focus was on machines, factories and industries was called the ______________ ___________________. Industrial Revolution
TRUE or FALSE? A monopoly is one of the four factors of production. FALSE! The four factors of production are: capital, entrepreneurs, natural resources, and labor.
People who invest and are willing to take a risk in business are called ______________. entrepreneurs
Which of the following pairs are both natural resources? a. paper and coal c. timber and oil b. oil and machines d. paper and iron C. TIMBER AND OIL
TRUE or FALSE? The Industrial Revolution took place in the 1800s. TRUE!
Created by: jhanes2