Factor of production

Factor of production

5th Grade

36 Qs

quiz-placeholder

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Factor of production

Factor of production

Assessment

Quiz

Social Studies

5th Grade

Easy

Created by

Ariel 24

Used 6+ times

FREE Resource

36 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The factor of production that is needed for growing crops or setting up a business

Allowance

Land

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The money paid to the workers for their labor it can be paid hourly daily weekly

Wage

Profit

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The type of income that is earned from hiring a land or a building

Revenue

Rent

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is the income received by a business from selling goods and services?

Revenue

Entrepreneur

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The income that children get from their parents when they go to school

Budget

Allowance

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The person who organizes the other three factors of production, and takes risks to start a business

Revenue

Entrepreneur

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

That are available for a company or business to use our sell

Profit

Stock

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