Jss1
Authored by Akhere Akhuemonkhan
Science
6th Grade
Used 24+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the four main factors of production used by businesses?
Labour, Capital, Entrepreneurship, and Technology
Money, People, Machines, and Resources
Land, Labour, Capital, and Enterprise
Intellectual Capital, Physical Capital, Human Capital, and Social Capital
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is not a factor of production?
Technology
Money
Land
Workforce
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a factor of production?
Time
Equipment
Materials
Ideas
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What do all of the factors of production have in common?
They are all essential for a business to succeed
They all involve some type of capital
They all require human labour
They can all be used to make products
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is not considered to be a factor of production?
Capital
Intellectual Property
Expertise
Management
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the role of the entrepreneurial factor of production?
To develop new technologies
To provide the necessary capital
To take risks and identify new opportunities
To provide the labour needed for production
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the role of the human capital factor of production?
To provide labour
To provide technology
To provide resources
To provide money
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