G9 The Factors of Production Review and Chain and Production
The Chain of Production
Wednesday, 25th of September 2024
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Business StudiesSecondary Education
Cette leçon contient 19 diapositives, avec quiz interactifs et diapositives de texte.
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The Chain of Production
Wednesday, 25th of September 2024
Slide 1 - Diapositive
Slide 2 - Diapositive
Slide 3 - Diapositive
What are the four factors of production?
A
land, labour, capital and enterprise
B
land, place, enterprise and capital
C
labour, capital, lean and enterprise
Slide 4 - Quiz
Which factor means the idea for the business?
A
land
B
capital
C
labour
D
enterprise
Slide 5 - Quiz
We have unlimited wants but not enough resources. What is this key term?
A
labour
B
trade-off
C
economic problem
D
sustainability
Slide 6 - Quiz
Slide 7 - Diapositive
Case Study:Sara had a good idea for a business. She started to make re-useable water bottles for students. The students can put their name and a design on the bottles. Soon, Sara has so many orders that she can’t make all the bottles she needs. She also doesn’t have enough space to keep them in her bedroom.
Which two factorsof production does Sara have a problem with?
Slide 8 - Diapositive
Sara had a good idea for a business. She started to make re-useable water bottles for students. The students can put their name and a design on the bottles. Soon, Sara has so many orders that she can’t make all the bottles she needs. She also doesn’t have enough space to keep them in her bedroom. Which two factors does Sara have a problem with?
A
land
B
labour
C
capital
D
enterprise
Slide 9 - Quiz
How should Sara solve the problems with the factors of production?