Factors of Production

Which of the following is a factor of production

• Capital

• Labor

• Entrepreneurship

• Land

• All of the above

Which factor of production includes machines, buildings, tools, and equipment?

• Labor

• Land

• Capital

• Technology

Which factor of production includes human effort?

• Land

• Capital

• Entrepreneurship

• Labor

Which factor of production includes water, oil, trees, and wildlife?

• Labor

• Land

• Entrepreneurship

• Capital

Someone who creates a business is called a (an) --

• Investor

• Captain of Industry

• Stockholder

• Entrepreneur