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Worksheets2nd form six week test
Total questions: 40
Worksheet time: 20mins
Mechanization is the process of adding equipment (to reduce labor) and resources in order to have things run smoothly
True
False
disadvantage of automation:
Heavy investment
Job satisfaction
Higher productivity
Production in the ‘developed world’ is characterised by a greater reliance on equipment than labour. This can BEST be defined as?
Mechanisation
Automation
Capital-intensive production
Industrialisation
Identify the level of production: Food crops, eggs and milk being sold to the national market.
Subsistence production
Domestic production
Export production
Lean production
Identify the level of production: Architectural or engineering services for major overseas projects
Subsistence production
Domestic production
Export production
Secondary production
Identify the level of production: A family growing their own fruits and vegetables.
Subsistence production
Domestic production
Export production
Primary production
Identify the sector of production: Construction Industry
Primary production
Secondary production
Tertiary production
Quaternary production
Identify the sector of production: Bauxite mining in Jamaica or Guyana
Primary production
Secondary production
Tertiary production
Quaternary production
Which factor of production is created in the production process?
Land
Labour
Capital
Entrepreneurship
This measure relates to how we produce?
Value-adding
Production
Productivity
Economic growth
WHAT ARE THE 4 FACTORS OF PRODUCTION?
Land, Capital, Need & Want
Land, Labor, Capital, Entrepreneurs
Water, Air, Food & Shelter
Land, Capital, Good & Service
WHAT IS LABOR?
work people do for pay to produce good and services
actions people do for other people
any physical object
The money people get for inheritance
_______________ IS KNOWN AS THE NATURAL RESOURCES USED TO PRODUCE GOODS AND SERVICES
Entrepreneurs
Capital
Labor
Land
_______________ IS KNOWN AS THE MANMADE RESOURCES USED TO PRODUCE GOODS AND SERVICES.
Entrepreneurs
Capital
Labor
Land
Capital refers to...
The "gifts of nature" or natural resources not created by human effort.
people with all their efforts and abilities
the tools, equipment, and factories used in production of goods and services
individuals who start a new business or bring a product to market.
Entrepreneurs are...
people with all their efforts and abilities
individuals who start a new business or bring a product to market.
The "gifts of nature" or natural resources not created by human effort.
the tools, equipment, and factories used in production of goods and services
which sector of the economy removes or harvest products directly from the earth in order to extract raw materials or food?
secondary
primary
tertiary
linear
insurance is an example of
primary sector
agriculture
tertiary sector
This image represents which economic sector?
Primary Sector
Quinary Sector
Secondary Sector
Tertiary Sector
Which of the following describes “secondary production”?
The extracting of raw material
conversion of raw materials to finished goods
The advertising of finished goods
The distribution of finished goods
The construction industry is also known as
Primary production
Secondary productiom
Tertiary production
Which type of production is Farming
Primary production
Secondary productiom
Tertiary production
Which type of production is Construction of roads
Primary production
Secondary productiom
Tertiary production
The use of cash registers in a supermarket is an example of:
Automation
Mechanisation
Capital intensive
labour intensive
Identify the correct factor of production.
Individuals with great ideas and willing to take risks.
Natural resources
Labour
Capital
Entrepreneurship
Identify the correct factor of production.
Machinery and factories are?
Natural resources
Labour
Capital
Entrepreneurship
What does productivity mean?
productivity is how products are made
productivity is a measure of how many workers a business has
productivity measures efficiency
productivity measures effectiveness
One of the benefits of increasing productivity is:
more workers will be employed
total production will increase with the same number of workers
average costs will stay the same
fewer raw materials will be needed to produce the same level of output
Which one of the following is NOT a factor of production?
land
table
capital
enterprise
Producing a desired result without wasting time, energy, money, or other resources.
Efficiency
Productivity
Input
Output
If productivity increases, commodity (a good) can be produced faster.
True
False
