Factors of Production
Authored by Matt Morgan
6th Grade
Used 5+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Capital refers to...
the raw materials that go into your product.
people with all their efforts and abilities
the tools, equipment, and factories used in production of goods and services
individuals who start a new business or bring a product to market.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Labor refers to...
people with all their efforts and abilities
individuals who start a new business or bring a product to market.
the tools, equipment, and factories used in production of goods and services.
The "gifts of nature" or natural resources not created by human effort.
3.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Entrepreneurs are...
people with all their efforts and abilities
individuals who start a new business or bring a product to market.
the raw materials that go into your product.
the tools, equipment, and factories used in production of goods and services
4.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
A herd of cattle is an example of ...
5.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Forests are examples of...
6.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
A bulldozer is an example of...
7.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Your garbage man is an example of
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