G9 The Factors of Production Review and Chain and Production

• Business Studies
• Secondary Education

The Chain of Production and Business Sectors

Wednesday, 13th of September, 2023

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Review: What are the Factors of Production?

1. Land, Needs, Goods and Enterprise.
2. Land, Labour, Capital and Enterprise.
3. Needs, Wants, Goods and Services

Key term: Entrepreneur

Answer Key

The store is in Dubai mall.

Three ladies work in the shop. They help the customers and take the money.

Two cleaners come to clean the shop everyday.

The business uses some of the money to pay for the rent and staff. 

The store has two computers to keep business files. 

Amna uses skills to make sure the business is reaching its goals.

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 factors of production does Sara have a problem with? 

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?

1. land
2. labour
3. capital
4. enterprise

businesses can be divided into 3 groups

primary takes natural resources like oil

the businesses in the primary sectors are farming, fishing, oil drilling

Are you ready to make notes? 

wordwall.net

Primary Sector:

Collect cocoa beans.

Secondary Sector:

Dry and then roast the cocoa beans.

Tertiary Sector:

Deliver to Patchi and sell them. 

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