Factors of Production Quiz

Factors of production are the resources used by a business to make its product.

• true

• false

Which factor of production includes the two elements- money and machines?

• labour

• capital

• enterprise

• land

Getting two shop assistants and choosing a store location are two elements of ....

• enterprise

• land

• labour

• capital

Maryam owns a bookshop in Dubai. There are three workers and two photocopying machines in the bookshop. The LAND in this example is...

• three workers

• two photocopying machines

• Dubai

Combining all three factors of production means...

• enterprise

• land

• labour

• capital

Which two elements of LAND does a coffee business need?

• money and tools

• goods and services

• a farm and a factory

The person who starts a business is called an....

• enterprise

• entrepreneur

• production