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Factors of Production/Sectors of Industry

Authored by Georgia Harris

Business

3rd Grade

Used 21+ times

Factors of Production/Sectors of Industry
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20 questions

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1.

MULTIPLE SELECT QUESTION

45 sec • 5 pts

Select the skills/qualities of an entrepreneur

Communication

Risk Taker

Has a University degree

Decision-making

Answer explanation

Having a University degree is not a requirement of being an entrepreneur.

2.

FILL IN THE BLANKS QUESTION

1 min • 5 pts

The factors of production are...

(a)  

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Which factor of production refers to the workforce involved with producing a product/providing a service?

Land

Labour

Capital

Enterprise

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Which factor refers to man-made goods involved with producing products/providing a service?

Land

Labour

Capital

Enterprise

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Which factor refers to the idea that an entrepreneur had to combine the other 3 factors?

Land

Labour

Capital

Enterprise

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Which factor of production refers to the natural resources of the world?

Land

Labour

Capital

Enterprise

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

An example of land would be

Water

Machinery

Clothing dye

Money

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