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Factors of Production Activities
This site provides an activity and discussion that could be used when studying the factors of production.
Other
Henry George School of Social Science: Factors of Production
This site provides a good description of the characteristics of the factors of production (land, labor, and capital), and provides some follow-up questions for discussion.
Auburn University
Auburn University: Glossary of Political Economy Terms: Factors of Production
This Auburn University site has a detailed definition for factors of production.
Wikimedia
Wikipedia: Factors of Production
This site gives an overview of economic factors of production (land, labor, capital). Gives detailed descriptions, and links to descriptions of words that might need clarification. Students can make connections as to how these relate to...
Council for Economic Education
Econ Ed Link: Music, Maestro, Please: Show Business and the Factors of Production
The city of Philadelphia, Pennsylvania recently opened a $300 million dollar center for the performing arts, the Kimmel Center. This lesson was developed for a special teacher workshop to incorporate economics and the arts to teach kids...
University of Minnesota
University of Minnesota: 2.1 Factors of Production: Principles of Economics
The three factors of production-labor, capital, and natural resources. Explain the role of technology and entrepreneurs in the utilization of the economy's factors. Labor is the human effort that can be applied to the production of goods...
Khan Academy
Khan Academy: Introduction to Scarcity and the Economic Way of Thinking
In this exercise, practice what you have learned about learning objective MOD-1.A from the AP Macroeconomics course and exam description. Topics include the definitions of economics, microeconomics, and macroeconomics, positive and...
Auburn University
Auburn University: Glossary of Political Economy: Entrepreneur, Entrepreneurship
Provides a definitive overview of entrepreneur and entrepreneurship from the point of view of an economist.
Other
Economics in Action: Circular Flow
This site uses an interactive Circular Flow Model to show the flow of payments for the factors of production (rent, wages, and interest) along with payments for finished goods and services. Questions are provided which ask the user if a...
Khan Academy
Khan Academy: The Production Function
Practice what you have learned about the production function in this four-question exercise.
CK-12 Foundation
Ck 12: Elem Math: Relationship Between Factors and Products
[Free Registration/Login may be required to access all resource tools.] The video shows how to fill in a table of factors and products to show the relationship between factors and products of two-digit and one-digit numbers. The video is...
Curated OER
Factors of Production
This site offers a good description and examples of the factors of production.
Council for Economic Education
Econ Ed Link: Henry Ford and the Model T: A Case Study in Productivity (Part 2)
Henry Ford's use of mass production strategies to manufacture the Model T revolutionized industrial manufacturing. This 3-part learning unit provides students with the story of Henry Ford and the Model T from an economics perspective....
Council for Economic Education
Econ Ed Link: Increasing Productivity
This lesson stimulates learners' thinking with stories about rigorous athlete training illustrating the importance of training and practice. After students read the story, they will experiment to see how instruction and practice improves...
Council for Economic Education
Econ Ed Link: Henry Ford and the Model T: A Case Study in Productivity (Part 1)
Henry Ford's use of mass production strategies to manufacture the Model T revolutionized industrial manufacturing. This 3-part learning unit provides students with the story of Henry Ford and the Model T from an economics perspective....
Council for Economic Education
Econ Ed Link: The Price of Gasoline: What's Behind It?
For this lesson, young scholars investigate the variables that contribute to the cost of gasoline. They learn that while OPEC nations do influence the price of oil and thus the price of gasoline, other factors also influence the price.
Social Studies Help Center
Social Studies Help Center: Free Enterprise at Work: The Circular Flow Model
This site shows the flow of payments for the factors of production and for finished products by using the Circular Flow Model.
Auburn University
Auburn University: Labor Productivity
This site explains the concept of labor within the free enterprise system. It is a good introduction to connecting labor and productivity. The list of hyperlinks is also a good continuation of related topics.
Federal Reserve Bank
Federal Reserve Bank of Atlanta: Circular Flow
Explains how resources, goods and services, and payments flow through the economy using the economic model of circular flow.
Auburn University
Auburn University: A Glossary of Political Economy Terms: Derived Demand
Definition and examples of derived demand are provided.
CK-12 Foundation
Ck 12: Arithmetic: Greatest Common Factor Using Factor Trees
[Free Registration/Login may be required to access all resource tools.] Find the greatest common factor of a given numbers using factor trees.
CK-12 Foundation
Ck 12: Arithmetic: Greatest Common Factor Using Lists Grade 6
[Free Registration/Login may be required to access all resource tools.] Find the greatest common factor of a given number using lists.
Shodor Education Foundation
Shodor Interactivate: Factorize
This Shodor site gives a brief explanation of factorization, and it allows you "to find all of the factorizations of a given number and then draw the product as the area of a rectangle on a grid."
PBS
Pbs Learning Media: Snapshot of u.s. Energy Use
This video segment adapted from NOVA/FRONTLINE looks at American energy consumption and the resulting production of greenhouse gases. [4:59]
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