Mind map

Factors Of Production

Anna Summers English

Map content

Land
- Natural Resources
  - Forests
  - Oil
  - Gas
  - Fields
  - Metals
  - Other Mineral Resources
Labour
- Number of people available
  - For making products
Capital
- Needs for the manufacture of Goods
  - Machinery
  - Finance
  - Equipment
Enterprise
- Skill and risk taking ability of a person that
  - brings the factors of production together
    - to produce goods
    - to produce Services
    - E.g. Owner Of a Business
      - 'Entrepreneur'