ADMICRO

Complete the passage with the words provided:
What is meant by the term economic resources? In general, these are all the natural, man-made, and human resources that go into the (1)___ of goods and services. Economic resources can be broken    down into (2)______general categories: property resource – land and capital, and human resources –    labor and entrepreneurial skills. What do economists mean (3)_____ land? Much more than the non-economist, land refers to all the natural resources (4)_____are usable in the production process: arable land, forests, mineral and oil   deposits, and (5)_________ on. What about capital? Capital goods are all the man-made aids to producing, storing, transporting, and distributing goods and (6)_____. Capital goods differ from consumer goods   in that (7)_____ satisfy wants directly, while the former do so indirectly by facilitating the production  of consumer  goods.  It  should  be noted that  capital  as  defined here does  not (8)_____ to  money. Money, as such, produces nothing. The term labor refers to the physical and mental talents of humans used to produce goods and services (with the exception of a certain set of human talents, entrepreneurial skills, which will be considered separately because of their special significance). Thus the services of a factory worker or an office  worker, a ballet (9)_______ or an astronaut all fall (10)______ the general heading of labor.

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ZUNIA12
ZUNIA9
AANETWORK