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learning intention: i am learning how to define and give examples of pr…

Question

learning intention: i am learning how to define and give examples of productive resources.
name _____________________________ date ____________________
factors of production or productive resources
directions: for each item write c for capital, l for labor or human resource, nr for land or natural resource, and e for entrepreneurship.
newspaper - related factors of production

  1. press workers _ 7. paper _ 13. owner of newspaper company ___
  2. forests _ 8. telephones _ 14. reporters ___
  3. petroleum _ 9. iron ore _ 15. delivery truck driver ___
  4. delivery boys/girls _ 10. printing press _ 16. computer/typewriters ___
  5. editors _ 11. delivery truck _ 17. energy source for electricity ___
  6. ink _ 12. newspaper building _

fine jewelry store - related productive resources

  1. gold _ 23. salesclerk _ 28. owner/manager ___
  2. display cases _ 24. diamonds _ 29. silver ___
  3. jeweler _ 25. sign _ 30. energy source for electricity ___
  4. tools _ 26. store _ 31. cash register ___
  5. telephone _ 27. accountant _

Explanation:

Brief Explanations

Classify each item using: C (capital: man-made tools/equipment), L (labor: human workers), NR (natural resource: raw materials from nature), E (entrepreneurship: business owners/leaders who organize resources).

Answer:

Newspaper-Related Factors of Production
  1. Press workers: L
  2. Forests: NR
  3. Petroleum: NR
  4. Delivery boys/girls: L
  5. Editors: L
  6. Ink: NR
  7. Paper: C
  8. Telephones: C
  9. Iron Ore: NR
  10. Printing press: C
  11. Delivery truck: C
  12. Newspaper building: C
  13. Owner of Newspaper Company: E
  14. Reporters: L
  15. Delivery truck driver: L
  16. Computer/typewriters: C
  17. Energy source for electricity: NR
Fine Jewelry Store-Related Productive Resources
  1. Gold: NR
  2. Display cases: C
  3. Jeweler: L
  4. Tools: C
  5. Telephone: C
  6. Salesclerk: L
  7. Diamonds: NR
  8. Sign: C
  9. Store: C
  10. Accountant: L
  11. Owner/manager: E
  12. Silver: NR
  13. Energy source for electricity: NR
  14. Cash Register: C