Factors of Production Review

Interactive Video
•
Social Studies
•
6th Grade
•
Medium
Lisa Franklin
Used 3+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the four factors of production?
Land, labor, capital, and entrepreneurship
Land, money, time, and labor
Capital, goods, services, and land
Labor, resources, capital, and technology
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is included in the factor of production known as land
Human effort and skills
Natural resources like water and oil
Machines and tools
Business ideas
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What do we call the income earned by resource owners for using land?
Wages
Rent
Interest
Profit
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the term for the effort that people contribute to the production of goods and services?
Land
Capital
Labor
Entrepreneurship
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the payment to labor resources called?
Rent
Wages
Profit
Interest
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of capital?
A factory building
A farmer
A natural resource
A business plan
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a factor of production?
Land
Labor
Money
Capital
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