Review questions directions: read each main idea. then complete the statements or answer the questions below. refer to your textbook as you write the answers.
a. the choices producers make main idea: all producers use the factors of production—land, capital, labor, and entrepreneurs—to produce goods and services.
1. in economics, natural resources not created by people are called , which can include , , , and . these resources are , or limited in supply.
2. the tools we use to create goods are called .
3. people with their abilities and efforts are called , which can be impacted