In the Box give your own Definition for each Factor of Production.

Do not
copy and paste, put it in your own words. Then in the second box list
examples of the Factor of Production.
Land: Examples
1. Oil
Land has two types of natural
resources. One is based on the fact 2. Tree
that something comes strictly from
nature and is unaltered by humans. 3. Mountain
The second type is something that
can be used for productions or 4. Ocean
goods.
5. Wind

Labor: Examples
1. Pilots
Labor is when a human puts in actual
physical or mental work to benefit 2. Teacher
the production of goods.
3. Repairman

4. Lawyer

5. Judge

Capital: Examples
1. Saws
Capital is something, like an object,
that is produced to only help 2. Meat cleavers
produce or benefit other things.
3. Hooks

4. Hammer

5. Wrench