Factors of Production Quiz
Authored by Laura Berry
Social Studies
9th Grade
Used 3+ times
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9 questions
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1.
MATCH QUESTION
1 min • 1 pt
Match the following
Individual who assumes risk for business
Natural Resources
Raw materials used in production
Capital
Human effort in the production process
Labor
used in making other products or service
Entrepreneurship
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
Labor
Entrepreneur
Natural Resources
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
Capital
Entrepreneur
Natural Resources
Labor
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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