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Economy Factors of Production

Authored by Bonnie Garrot

Geography

5th - 8th Grade

Used 10+ times

Economy Factors of Production
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25 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The term "factors of production" means:

things or skills needed to produce goods or services
how we spend our money
the resources of the government
how society creates jobs

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Tools we use to make products

capital resources
human resources
natural resources
entrepreneurs

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Individuals who come up with a new idea for a good or service, then they make it a reality

resource
human resources
consumer
entrepreneur

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An Entrepreneur

owns his/her own company

is a teacher

works at Chick Fil A

is a NASCAR driver

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a capital resource?

sewing machine

money

scissors

All of the above

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

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

labor
land
entrepreneurship
capital

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

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

land
labor
entrepreneurship
capital

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