Title: Identify economic resources used in the global fashion industry.
Course: Fashion Marketing (12153-I) > Section: Understanding Economic and Marketing Concepts

Identification should include economic resources (i.e., land, labor, capital, entrepreneurship) used in producing fashion goods and services and examples of each.

Process/Skill Questions:

- How do labor costs affect the fashion industry? How do retail space costs affect the fashion industry?
- Who is involved in the creation of fashion products?
- Why are many of the fashion products sold in the United States made in other countries?
- What resources are available for fashion entrepreneurs to fund their businesses?
- Why is entrepreneurship considered an economic resource?