Carefully Analyse the Circular Flow Model of the Economy shown above!
A. The four categories of economic resources are as follows. 1. Land 2. Labor  3. Capital  4. Entrepreneurship One example of Land resource is Land or any other natural resources. Water and forests are also an example of land resources. One example of Labor resource is workers who are deployed in different positions in the factories or operational processes. Factory supervisors, operators, and or Chefs working in the hotel, are all come und ... See the full answer