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Match each of the following examples of factors with its appropriate category and income. Write out the word. No numbers.

**Factors and Examples:**

1. Crude oil
2. High-rise office building
3. Owner of a bank
4. Cotton
5. Steve Jobs & Mark Cuban
6. Chemist lab
7. A river
8. A tractor
9. A salesperson at Macy's
10. Owner of a landscape firm
11. A school's computer system
12. Construction worker
13. A computer programmer
14. Office phone system
15. Police officer
16. Copper
17. A taxi
18. Taxi driver
19. Gold
20. Sand for microchips

**Categories and Income:**

(Match each example to its appropriate category and income by writing out the words.)

Answer :

Final answer:

Factors of production can be categorized into labor, capital, and natural resources. Each example provided fits distinctly into one of these categories based on its role in the economy. This classification helps understand how different resources contribute to production.


Explanation:

Classification of Economic Factors


In economics, factors of production are classified into three categories: labor, capital, and natural resources. The examples provided can be categorized as follows:



  • Natural Resources: These are raw materials found in nature that are used to produce goods and services.


    • crude oil

    • cotton

    • gold

    • copper

    • sand for micro chips

    • a river


  • Capital: This includes man-made resources that are used in the production of goods and services.


    • high rise office building

    • chemists lab

    • office phone system

    • a tractor

    • construction worker

    • a school’s computer system

    • a taxi


  • Labor: These are individuals involved in the production of goods and services.


    • owner of bank

    • Steve Jobs & Mark Cuban

    • a salesperson at Macy's

    • owner of a landscape firm

    • taxi driver

    • a computer programmer

    • police officer



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https://brainly.com/question/988852


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