Factors of Production/Sectors of Industry
Authored by Georgia Harris
Business
3rd Grade
Used 21+ times
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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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