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1. factors of production

  • land-natural resources labour- human resources capital-machinery and equipment enterprise- idea
  • land -place labour- people capital -money enterprise- production
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2. sectors of industrial activity

  • secondary
  • primary sector secondary sector tertiary sector
  • primary
  • tertiary

3. what is a multinational company?

  • a company with branches in more than one country
  • company with lots of businesses

4. what is the cycle of business?

  • wants, indentification of wants, producton, consumption and satisfaction of wants, wants
  • wants, production , produce

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