1.

) Natural Resources are resources such as agriculture, fishing

and trapping, mining, water, fuel and energy, and logging and
forestry.

Raw Materials are used to create products. Ingredients are

the raw materials used to make food products, such as wheat
in a loaf of bread.

Labour includes all the physical and mental work needed to

produce goods or services. Most labor is a combination of
mental and physical effort.

Capital is the money invested in a business. Many people think

of capital as money in all its forms: cash stocks, bonds,
accounts receivable, and so on. Capital can be used by the
owner of a business to purchase things the business needs to
function such as new equipment, vehicles, etc.

Information is required to produce goods and services

competitively in a global economy. Information about upcoming
technology, customers, political conditions, and sources of
supply is all very valuable information

Management are the people who control the factors of

production. They allocate the company’s resources, both
capital and human, and decide what to purchase, what to
make, who to hire, where to sell and so on.

2.) Fuel and Energy: Gasoline

Logging and Forestry Industry: Furniture

Water: Clean Drinking Water

Agricultural: Fruits and Vegetables

Mining: Gemstones (Diamonds, Gold, etc)

Fishing and Trapping: Sushi