Factors of Production

Factors of Production

12th Grade

20 Qs

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Factors of Production

Factors of Production

Assessment

Quiz

Social Studies

12th Grade

Medium

Created by

Jaime Chase

Used 264+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Which of the following is not a factor of production?

Land

Labor

Capital

Money

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

The tools and machines used to produce a good or servies is called

a) Labour

b) Enterprise

c) Land

d) Capital

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Explain whether the following is labor, capital, land, or enterprise:

A factory worker

Land

Labor

Capital

Enterprise

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Explain whether the following is labor, capital, or a land, or enterprise:

A college professor

Land

Labor

Capital

Enterprise

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Explain whether the following is labor, capital, land, or enterprise:

Library building

Land

Labor

Capital

Enterprise

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Explain whether each of the following is labor, capital, land or enterprise:

Business Owner

Land

Labor

Capital

Enterprise

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Explain whether the following is labor, capital, land, or enterprise:

raw ingredients to a cancy bar

Land

Labor

Capital

Enterprise

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