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Factors of Production Review Lesson One

Authored by Wally Salter

Social Studies

11th Grade

Used 11+ times

Factors of Production Review Lesson One
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term used for all natural resources used in the production process?

land

labor

capital

entrepreneur

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All businesses that sell goods/services require what to produce these goods/services?

large factories

government permission

productive resources

large amounts of money

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which productive resource is intangible (You can't physically touch it.)?

land

labor

capital

entrepreneurship

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Capital does NOT include which of the following examples?

equipment

money

transportation

tools

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Mental talents of workers is an example of what type of resource?

land

capital

labor

entrepreneurship

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Anything within the production process, whether human or technological, that makes production more efficient

Entrepreneurship
Capital
Land
Labor

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Any technology/machinery involved in the production process:

Human Capital
Physical Capital
Investment Capital
Enterprise Capital

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