Factors of Production
Authored by Jonathan Amidon
Specialty
9th - 12th Grade
Used 1K+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
The creation of any kind of good or service is known as:
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
All of the things necessary for production are known as:
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
The human effort involved in the production of goods and services is known as:
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
The enterprising spirit that allows an individual to spot gaps in the market and take risks (including starting a business):
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
All natural resources that go into the production of a good or service:
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Anything within the production process, whether human or technological, that makes production more efficient
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Any technology/machinery involved in the production process:
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