Factors of Production
Use your original business idea, or the supplied ice cream shop idea to do the following:
1) Describe the factors of production as listed in the activity (Labor, Capital, Ownership, Natural Resources, Information Resources)
2) Find a free image, or create an image. You may use AI to generate your image, but you need to label the image yourself.
3) Label the factors of production listed in step 1 in your image.
1) Describe the factors of production as listed in the activity (Labor, Capital, Ownership, Natural Resources, Information Resources)
2) Find a free image, or create an image. You may use AI to generate your image, but you need to label the image yourself.
3) Label the factors of production listed in step 1 in your image.