Goods and Services Are Produced by Using Four Factors of Production

question 29

Multiple Choice

Goods and services are produced by using four factors of production:

• A) land, labor, capital, and entrepreneurship.
• B) land, labor, money, and equipment.
• C) natural resources, human resources, financial assets, and entrepreneurial resources.
• D) labor, human capital, physical capital, and financial capital.
• E) land, labor, capital, and money.

---

Definitions:

Life-threatening Risks

Refers to dangers or hazards that have the potential to cause death or serious harm to an individual’s health.

Self-presentation

Involves the process of controlling or influencing how one is perceived by others, often involving impression management strategies.

Social Roles

The patterns of behavior that are expected of individuals in specific positions within a social group, based on societal norms and expectations.

Social Roles

The parts individuals play as members of a social group, which meet the expectations of that group.