quiz #2

Which factor of production would you consider a lawn mower?

• Land
• Labor
• Capital
• Entrepreneur

Iron, minerals, coal and plants are examples of which productive resource?

• land
• labor
• entrepreneurship
• capital

A garbage truck driver is an example of which Factor of Production?

• labor
• land
• entrepreneurship
• capital

Dairy farmer

• Primary
• Secondary
• Tertiary
• Quaternary

Paramedic

• Primary
• Secondary
• Tertiary
• Quaternary

Which type of economy is based on traditions and beliefs?

• Command
• Market
• Traditional
• Mixed

What type of economy does the USA have?

• Mixed
• Market
• Command
• Traditional

When Javier sends his employees to a training seminar where they will become better workers, he is investing in.......

• Human capital
• Capital goods
• His business
• GDP

What is an entrepreneur?

• A teacher

• Someone who starts a business

• An employee

• A call center for information

A baker in a cookie store represents what factor of production?

• land

• labor

• capital

• entrepreneurship