Figuring Out the Factors of Production
Here's a little puzzler, to help you to understand how we political economists sort various items according to their economic functions. Below you'll see twelve images of things that might be encountered in our day-to-day economy. There are four ranges on the screen, labeled Land, Capital, Labor and Other.
Drag each item into the range you think it ought to go in. But be careful! If you don't place it in the correct range (according to our Economic Definitions), it won't stick there. You'll just have to try again. And there's another trick to watch out for: some of the items might incorporate two of the factors. In that case, they'll only stick to the correct boundary line between those two factors.
You can match your wits against our definitions now, or you can read up first.