Page 114 - Key to Social Studies 4

Let’s Think

Factors of Production...What to Use?

Businesses and products cannot exist without factors of production. A person would not

be able to build, create, or produce without land, labor, or money. But do you have to have

all four factors of production to produce products? Do you think technology should be a

factor of production too? Factors of production include renewable and nonrenewable

resources, but which type should be used? What do you think scientists and people

should do to avoid using nonrenewable resources?

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