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Time Out Activity 3
Random Vocabulary Notes
| Question | Answer |
|---|---|
| Tangible (Pens, Phones, etc.) and Intangible (Radio, House-Cleaning, etc.) ________ (G-N-S) | GoodsNServices |
| Raw Materials used to make produced goods. | Captial |
| Labor, Capital, Land, Entrepreneurship | CELL |
| Physical _______ (Ex. construction, plumbing, etc. Using service). | Labor |
| "Risk Takers" | Entrepreneurship |
| A place to obtain natural resources. | Land |