Activity #1: Factors of Production Notes
Read pp 3-5 to understand Land, Labor, and Capital and take Cornell notes on each factor.
Activity #2: Think of a product you use on a regular basis. Make a list of 20 things that go into the production of that product. (Things that have to happen in order for that product to be produced, not sold). For each item, write down whether it is an example of Land, Labor, or Capital.
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