MARCH 2021 TEST GRADE 8 BUSINESS BASICS

Machinery can be used to increase production.

• True

• False

There are TWO main methods of production

• True

• False

Examples of labour-intensive industries include:

• Robots

• Teaching

• Fisherman

• Nursing

In a capital-intensive industry it may be costly to maintain machines.

• True

• False

Labour intensive production processes tend to be used to produce:

• standardized mass products

• custom-made products

Examples of capital-intensive industries include:

• Manufacturing

• Soft-drink production

• Oil extraction

• Real Estate

Firms that become more capital-intensive usually do so to:

• Boast on their competitors.

• Lower the cost of production.

All of the following are advantages of Capital intensive except________

• Goods are produced at a greater speed

• Items produced are standardised

• High labour cost.

• Greater number of goods produced

Which of the following is NOT an example of capital intensive industry?

• artificial intelligence call center

• security firm

• kit kat chocolate factory

• automotive production industry

Which of the following is NOT an example of the labour intensive industry?

• health care practitoners

• local farmers

• small cakery

• Car manufacturing industry