product Possibilities Curve Worksheet

NAME: Period: Date: Factors of Production After reviewing the factors of production complete the following activities. Read each item AND decide which of the four factors of production it would be classified as: Land / Natural Labor / Human Physical Capital Capital School Buildings Custodian Bus Computer Teachers Principal Ball Field Lunch List the land, labor, capital, and entrepreneur that went into making each of the following (You can list more than one for each...) YOUR SHOES a. Land: b. Labor: c. Capital: d. Entrepreneur: iPod a. Land: b. Labor: c. Capital: d. Entrepreneur: Pizza a. Land: b. Labor: c. Capital: d. Entrepreneur: Your Choice: a. Land: b. Labor: c. Capital: d. Entrepreneur: Your Choice: a. Land: b. Labor: c. Capital: d. Entrepreneur