Factors of production
Updated: 2/4/2020
Factors of production
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Storyboard Description

Made by Joshua Swann (0_0)

Storyboard Text

  • Hey, John! i'm going to start my business
  • That's cool but how are you gonna do that exactly
  • Yes i did know that because being an entrepreneur is an really important step in making a business
  • First i'm going to invest and risk all my money into the business
  • Did you know that's how you become an entrepreneur
  • Land is considered the primary factor of production. Land is of great importance to mankind
  • Well, for my business i will need land
  • No, Land is actually the second step in factors of production
  • Is this the first step in factors of production
  • After risking your money What's the next thing your gonna do
  • Cool what's next
  • Next is capital.The machinery,tools and the money needed in production of a product
  • That's cool
  • The last step is labour .Labour are the workers that put human physical work to transform resources into products
  • Can i be your worker?
  • Maybe next time John
  • Bye vic
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