What are the types of factors of production?
Factors of Production and Industry Quiz

Quiz
•
Social Studies
•
6th Grade
•
Hard
Rene Ornelas
Used 1+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Land, labor, capital, and entrepreneurship
Government, laws, and regulations
Machinery, equipment, and tools
Water, air, and sunlight
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the role of land in industry?
Land is only used for residential purposes
Land has no role in industry
Land is used for agricultural purposes only
Land provides space for setting up factories and other industrial facilities.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does labor contribute to different industries?
By increasing the cost of production and reducing profitability
By causing delays and inefficiencies in the production process
By creating unnecessary competition and conflict within the industry
By providing the necessary workforce for production, operation, and service.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the importance of capital in production?
Capital is essential for increasing productivity and efficiency in the production process.
There is no relationship between capital and productivity in production
Capital only leads to inefficiency in production
Capital is not important in production
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is entrepreneurship and how does it impact various industries?
Entrepreneurship is the process of closing down businesses and organizations, leading to job loss and economic decline.
Entrepreneurship is the process of starting a business or organization, typically in response to identified opportunities. It impacts various industries by driving innovation, creating jobs, and stimulating economic growth.
Entrepreneurship has no impact on industries and is only focused on individual profit.
Entrepreneurship only benefits large corporations and has no impact on small businesses or startups.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which factor of production includes natural resources such as water and minerals?
Entrepreneurship
Land
Capital
Labor
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the different types of labor in industries?
Skilled labor, unskilled labor, and semi-skilled labor
Full-time labor, part-time labor, and temporary labor
Physical labor, mental labor, and emotional labor
White collar labor, blue collar labor, and pink collar labor
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