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What do you call a person who uses resources to make goods and provide services?
A producer.
How should goods and services be produced in a market economy?
A market economy has producers that grow, make or manufacture goods. These are then sold to middle men who wholesale the good to retailer that sell them to the consumers.
What do producers use to make goods and services?
goods
Which best explains the profit motive?
The desire to make money through the production of goods and services.
The fourth production factor needed to pull all three of the above resources together to make a product or to provide goods and services is called what?
Entrepreneurs.
What do you call a person who uses resources to make goods and provide services?
A producer.
How should goods and services be produced in a market economy?
A market economy has producers that grow, make or manufacture goods. These are then sold to middle men who wholesale the good to retailer that sell them to the consumers.
People who use resources to make goods andor provide services are called?
entreprenuer
What do producers use to make goods and services?
goods
How are goods and services defined?
goods and services are define as the commodity that are sale for exchange of money to make life easy.
What goods and services does England make?
Foods and Services/Slaves and Slavery's
Which best explains the profit motive?
The desire to make money through the production of goods and services.
The fourth production factor needed to pull all three of the above resources together to make a product or to provide goods and services is called what?
Entrepreneurs.
Why are capital and labor needed to make goods?
"Labor is the ability of people to do work, you need Labor to make goods and provide services" "Capital is money and goods used to help people make or do things , you need a Capital to run business" Found by Discovering our past! A history of the world Early ages!
What does a producer depend on a consumer for?
Producers make goods/services and depend on the consumer to buy them so they can make money and continue making more goods/services.
What is a system in which people make and exchange goods and services?
commerce ?
What are natural resources that are used to make goods and services?
labor
