Page 43 - Key to Social Studies 4

Factors of Production

4 Mark true or false.

a. The mental and physical work of human 1. is a nonrenewable resource.
beings used in production a. Sunlight b. Air c. Coal
b. The economic resources needed in production
2. Buildings are considered part of .
c. Man-made goods that will be used to produce
something a. land b. labor c. capital

d. Organizes resources to start up a business 3. helps businesses save and share information.
e. Natural resources used to make a product a. Technology b. Capital c. Land

4. Coal is used to produce .

a. carbon b. copper c. iron

5. China uses coal for of its power needs.

a. 40% b. 70% c. 90%

5 Answer the following questions.

1. What are the factors of production?

2. What is the difference between renewable and nonrenewable resources?

3. How does technology help in production?

4. How does hydroelectric power work?

5. How is Elon Musk’s approach different than Karl Benz’s in making cars?

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