FACTORS OF PRODUCTION

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Across
  1. 1. – ________ refers to money and man-made goods used to produce other goods.
  2. 4. – ________ is the ability to start and manage a business by taking risks.
  3. 9. – ________ improves knowledge, understanding, and thinking ability.
  4. 11. Capital – ________ means the skills, knowledge, and abilities of people.
  5. 12. – An ________ is related to large-scale manufacturing activities.
  6. 13. – ________ is the income earned after all costs are paid.
  7. 15. – ________ is the process of making goods and services.
  8. 16. – ________ is the extra money paid for using borrowed money.
  9. 18. – ________ are machines used to help in production.
  10. 20. – A ________ is a place where goods are manufactured.
  11. 22. – ________ means producing more in less time.
  12. 23. – ________ are simple instruments used to do work.
Down
  1. 2. – ________ is the physical and mental effort put in by people to produce goods and services.
  2. 3. – ________ includes natural resources like soil, water, forests, and minerals used in production.
  3. 5. – ________ is money put into a business to earn future benefits.
  4. 6. – A ________ is money borrowed from a bank or lender.
  5. 7. – Good ________ helps workers perform better physically and mentally.
  6. 8. – ________ refers to new ideas or methods that improve production.
  7. 10. – ________ helps make production faster, easier, and more efficient.
  8. 14. – A ________ produces or sells goods and services.
  9. 17. – ________ helps workers learn specific skills for a job.
  10. 18. – A ________ is a place where buyers and sellers meet.
  11. 19. – ________ are the inputs required to produce goods and services.
  12. 21. – A ________ is the ability to do a job well through practice and training.