Question

labor – the _workers or people________ with all their efforts and abilities - the human input - ex. ______ capital – the goods used in the supply of other ______ - the means of production - ex. ______ entrepreneurship – the unique ______ element that organizes the other factors, taking on the risks to start and run a business - organize the - __________________ and take - profit is the reward

Explanation:

For "Labor": Workers contribute by working (e.g., factory workers). For "Capital": Goods for production (e.g., machinery). For "Entrepreneurship": Human element to organize labor, capital, take risks (e.g., a startup founder).

Answer:

• Labor: The workers or people who work with all their efforts and abilities; Ex. Factory workers, teachers
• Capital: The goods used in the supply of other goods/services; Ex. Machinery, buildings
• Entrepreneurship: The unique human element that organizes the other factors, taking on the risks to start and run a business; Organize the factors of production (labor, capital, land) and take risks