Economic Vocabulary - Padlet by Alan Cuevas https://padlet.com/cuevasalan/pfuzrxothzoc Made with a curious mind en-us 2018-03-07 16:28:33 UTC 2018-03-07 16:48:08 UTC hello@padlet.com factors of production cuevasalan https://padlet.com/cuevasalan/pfuzrxothzoc/wish/239241902 Factors of production is an economic term that describes the inputs that are used in the productionof goods or services in order to make an economic profit. The factors of production include land, labor, capital and entrepreneurship.


]]> 2018-03-07 16:31:11 UTC https://padlet.com/cuevasalan/pfuzrxothzoc/wish/239241902 natural resources cuevasalan https://padlet.com/cuevasalan/pfuzrxothzoc/wish/239242123 materials or substances such as minerals, forests, water, and fertile land that occur in nature and can be used for economic gain.]]> 2018-03-07 16:31:21 UTC https://padlet.com/cuevasalan/pfuzrxothzoc/wish/239242123 invest cuevasalan https://padlet.com/cuevasalan/pfuzrxothzoc/wish/239242311 expend money with the expectation of achieving a profit or material result by putting it into financial schemes, shares, or property, or by using it to develop a commercial venture]]> 2018-03-07 16:31:39 UTC https://padlet.com/cuevasalan/pfuzrxothzoc/wish/239242311 capital cuevasalan https://padlet.com/cuevasalan/pfuzrxothzoc/wish/239242417 the most important city or town of a country or region, usually its seat of government and administrative center.


]]> 2018-03-07 16:31:48 UTC https://padlet.com/cuevasalan/pfuzrxothzoc/wish/239242417 supply cuevasalan https://padlet.com/cuevasalan/pfuzrxothzoc/wish/239249963 a stock of a resource from which a person or place can be provided with the necessary amount of that resource.


]]> 2018-03-07 16:39:11 UTC https://padlet.com/cuevasalan/pfuzrxothzoc/wish/239249963 demand cuevasalan https://padlet.com/cuevasalan/pfuzrxothzoc/wish/239250034 an insistent and peremptory request, made as if by right.]]> 2018-03-07 16:39:18 UTC https://padlet.com/cuevasalan/pfuzrxothzoc/wish/239250034 scarcity cuevasalan https://padlet.com/cuevasalan/pfuzrxothzoc/wish/239250232 the state of being scarce or in short supply; shortage.]]> 2018-03-07 16:39:35 UTC https://padlet.com/cuevasalan/pfuzrxothzoc/wish/239250232 producer cuevasalan https://padlet.com/cuevasalan/pfuzrxothzoc/wish/239250341 a person, company, or country that makes, grows, or supplies goods or commodities for sale.]]> 2018-03-07 16:39:43 UTC https://padlet.com/cuevasalan/pfuzrxothzoc/wish/239250341 consumer cuevasalan https://padlet.com/cuevasalan/pfuzrxothzoc/wish/239250426 a person who purchases goods and services for personal use.]]> 2018-03-07 16:39:51 UTC https://padlet.com/cuevasalan/pfuzrxothzoc/wish/239250426