Factors of Production Quiz

Means natural resources, in general, in economic terms.

• Land

• Entrepreneurship

• Labor

• Capital

To produce most things someone has to work on it, which factor of production involves work?

• Labor

• Land

• Entrepreneurship

• Capital

Something produced to produce other things.

• Land

• Labor

• Capital

• Entrepreneurship

Putting together all of the factors of production

• Labor

• Capital

• Land

• Entrepreneurship