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Factors of Production Quiz

Authored by Laura Berry

Social Studies

9th Grade

9 Questions

Factors of Production Quiz
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1.

MATCH QUESTION

1 min • 1 pt

Match the following

Human effort in the production process

Labor

used in making other products or service

Capital

Raw materials used in production

Entrepreneurship

Individual who assumes risk for business

Natural Resources

2.

REORDER QUESTION

1 min • 1 pt

Rate the factors of production for the following business case from most important (1) to least important (4).

Coffee Shop

Entrepreneur

Natural Resources

Labor

Capital

3.

REORDER QUESTION

1 min • 1 pt

Rate the factors of production for the following business case from most important (1) to least important (4).

Social Media Platform

Labor

Entrepreneur

Natural Resources

Capital

4.

REORDER QUESTION

1 min • 1 pt

Rate the factors of production for the following business case from most important (1) to least important (4).

Fitness Studio/Gym

Capital

Labor

Entrepreneur

Natural Resources

5.

OPEN ENDED QUESTION

3 mins • 1 pt

How can scarcity (when one item is low) of just one factor affect the health of a business?

Evaluate responses using AI:

OFF

6.

OPEN ENDED QUESTION

3 mins • 1 pt

Do the most important factors vary with the type of business? Why?

Evaluate responses using AI:

OFF

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which factor of production seems to be easiest to quickly identify?

Land

Labor

Capital

Entrepreneurship

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