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Week 4
| Term | Definition |
|---|---|
| Resources | (TICTEMP) The tings we need to get the job done |
| Time | A quantity measured in years, days, hours, minutes, seconds, or part of a second |
| Information | Data in a form that can be used for the purpose of communication or control |
| Capital | Wealth in the form of money or other assets |
| Tools/Machines | Devices to help make work easier |
| Energy | The ability to do work |
| Materials | All the things used to make a product |
| People | One of the 7 resources people supply knowledge as well as labor |