WHAT ARE THE 4 FACTORS OF PRODUCTION?
Factors of Production

Quiz
•
Social Studies
•
11th - 12th Grade
•
Medium
Quartell Roberson
Used 4K+ times
FREE Resource
20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Land, Capital, Need & Want
Land, Labor, Capital, Entrepreneurs
Water, Air, Food & Shelter
Land, Capital, Good & Service
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
WHAT IS LABOR?
work people do for pay to produce good and services
actions people do for other people
any physical object
The money people get for inheritance
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
_______________ IS KNOWN AS THE NATURAL RESOURCES USED TO PRODUCE GOODS AND SERVICES
Entrepreneurs
Capital
Labor
Land
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
_______________ IS KNOWN AS THE MANMADE RESOURCES USED TO PRODUCE GOODS AND SERVICES.
Entrepreneurs
Capital
Labor
Land
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
AN ENTREPRENEUR IS A PERSON WHO _______________.
owns their own business
uses goods and services to produce labor, land, and capital.
use land, labor, and capital to produce good and services.
loves nature and runs a business
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the factors of production is this?
capital
entrepreneur
land
labor
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which one of the factors of production is this?
capital
entrepreneur
land
labor
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