Milestone assignment 3: Scribd Content

Worksheet

A. Complete the following as true or false.

1. Natural resources include e.g game? (1)

2. Most natural resources on their natural state cannot satisfy needs on
their natural state(1)
3. Labour cannot be stored.(1)
4. Capital is one of the factors of production(1)
5. Entrepreneurs do not take an initiative to start a business(1)

A. Answer the following multiple choice question.

1. The demand for land is.............................................................(1)
2. The supply of natural resources is...........................................(1)
3. Labour ability, whether used or not, disappers with................(1)
4. Capital has a close relationship with economic........................(1)
5. Paid managerial entrepreneurs are known as..........................(1)

A. Write a paragraph of five lines about the following stetement,

“entrepreneurs have a special combination of the right kind of
personality, inteligence, drive and energy” (3)