Country A Factors of Production Likely Goods Actual Goods Country Name Available Produced Produced Land: This is a densely Your Guess: populated, mountainous, _________________ _________________ island country with few energy resources or raw _________________ _________________ materials and limited agriculture potential (less _________________ _________________ than 7% of the land is cultivated). _________________ _________________ This country has a _________________ _________________ highly paid, well-educated workforce. _________________ _________________ Capital: This is a Actual Name: technologically advanced country with a wide array of manufacturing and service industries, sound transportation, and excellent telecommunications. Country B Factors of Production Likely Goods Actual Goods Country Name Available Produced Produced Land: This is the eighth Your Guess: largest country by land area _________________ in the world. The land is very diverse and ranges from rich _________________ plains to coastal areas and rugged mountain ranges. It _________________ has abundant natural resources and is one of the _________________ world’s major agricultural producers. _________________ _________________ Labor: This country has a highly urbanized population with one of the highest literacy levels in the world.
Country A Factors of Production Available Likely Goods Produced Actual Goods Produced Country Name Land: This is a densely populated, mountainous, island country with few energy resources or raw materials and limited agriculture potential (less than 7% of the land is cultivated). _________________ _________________ _________________ _________________ _________________ _________________ _________________ _________________ _________________ _________________ _________________ _________________ Your Guess: This country has a highly paid, well-educated workforce. Capital: This is a technologically advanced country with a wide array of manufacturing and service industries, sound transportation, and excellent telecommunications. Actual Name: Country B Factors of Production Available Likely Goods Produced Actual Goods Produced Country Name Land: This is the eighth largest country by land area in the world. The land is very diverse and ranges from rich plains to coastal areas and rugged mountain ranges. It has abundant natural resources and is one of the world’s major agricultural producers. _________________ _________________ _________________ _________________ _________________ _________________ Your Guess: Labor: This country has a highly urbanized population with one of the highest literacy levels in the world.
Worksheet-%20Factors%20of%20Production.docx