Factors of Production: Building Blocks of the Economy
Student Worksheet
A coffee shop needs its location and raw beans, baristas and a manager, espresso machines and furniture, and an owner's strategy tying it together, one small business carrying capital, labor, land, and entrepreneurship at once. The reading credits Steve Jobs, who co-founded Apple, as the entrepreneur type combining those pieces into something new, and separates skilled labor like a software developer from unskilled labor like a retail cashier.
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