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Match Each Description with the Item Below

question 35

Multiple Choice

Match each description with the item below.
-Geraldine Ferraro


Definitions:

Factor of Production

Resources used in the creation of goods and services, traditionally categorized into land, labor, and capital.

Input

A good or service used to produce another good or service.

Factor Distribution

The way in which income and wealth are shared among different factors of production, such as labor and capital.

Income

The amount of money or its equivalent received during a period of time in exchange for labor or services, from the sale of goods or property, or as a profit from financial investments.

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