Factors of Production

Factors of Production

6th Grade - Professional Development

8 Qs

quiz-placeholder

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Factors of Production

Factors of Production

Assessment

Quiz

Social Studies

6th Grade - Professional Development

Medium

Created by

Winter Frost

Used 20+ times

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8 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An Entrepreneur is the guy and/or the gal with a really good idea and a little bit of money in his pocket.

Yes

No

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Natural Resources is the reusable supplies and equipment needed to create the product

Yes

No

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Human Resources are your workers (employees) that have the knowledge and skills needed to create the product

Yes

No

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Capital Resources the reusable supplies and equipment needed to create the product.

Yes

No

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

True or False: Factors of production is a term used by economists to mean economic resources.

True

False

6.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Factors of production are the inputs that are needed for an output to happen.

Yes

True

False

No

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

The productive factors are commonly classified into three groups: land, labor and capital. (Answer Options True, False, Yes, No You can put them together or separately)

8.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

The factors of Production are

Entrepreneur, Natural Resources, Human Resources, Capital Resources

Land, Labor, Capital

Economic Rent, Input, Output