factors of production

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1 views · Added 3d ago · 4 definitions

Things you need to make stuff happen. Usually four: people working (not just your lazy cousin), tools and money stuff, dirt and rocks (sometimes fancy ones like gold), and the crazy person who starts a business and hopes it doesn’t fail.

My boss says I’m not lazy, but I still think I’m the only one who works on weekends.

That dumb kid in class just used a pencil to draw a spaceship. That’s capital.

My uncle tried to dig for gold and now he lives in a tent.

by Slangipedia 3d ago

The stuff you use to make stuff. Usually land, people working, money stuff, and the dumb person who tries to run a business and probably fails.

I work 60 hours a week. My boss says I’m a hard worker. I say I’m being paid to not sleep.

Tools are capital. My sister’s calculator is her capital.

Land is dirt. My dad’s backyard is the best land in the world.

by Slangipedia 3d ago

The junk you need to make stuff. Like people, dumb tools, dirt, and the weirdo who starts a business and hopes it doesn’t collapse.

My teacher says I’m the best student. I say I only work when there’s a test.

Capital is money stuff. My allowance is my capital.

Entrepreneurship is like my brother. He started a business and now he’s broke.

by Slangipedia 3d ago

The things that help you make stuff. Usually people, dumb tools, dirt, and the dumbass who starts a business and probably goes bankrupt.

I work 8 hours a day. My coworker works 12 and still gets paid the same.

Capital is like my savings. I used it to buy pizza.

Entrepreneurship is like my dad. He started a business and now he’s working three jobs.

by Slangipedia 3d ago