WorksheetsFactors of Production- Intervention
Total questions: 20
Worksheet time: 10mins
What are the resources called that are needed to produce a good or service?
Goods and services.
Needs and wants.
Factors of production.
All of the above.
How many factors of production are needed to produce a good or service?
2
4
6
8
What are natural resources?
Animals
Things from nature (not man-made)
Tree
All of the above
What is labor?
Hard Work
People who only do the physical work.
People who do the work to produce something.
None of the above.
What could be an example of capital?
Buildings
Machines
Money
All of the above
What is entrepreneurship?
Shipping of products and services.
Starting or improving a business.
Improving needs and wants.
All of the above.
__________ It only takes one factor of production to make a good or service.
True
False
__________ An example of a natural resource is a cell phone.
True
False
__________ The entrepreneur combines natural resources, labor, and capital to produce a good or service.
True
False
Which one of the four factors of production does the image show?
Entrepreneur
Capital
Natural Resources
Labor
Which one of the four factors of production does the picture show?
Natural Resources
Labor
Capital
Entrepreneur
Which one of the four factors of production does the picture show?
Labor
Natural Resources
Capital
Entrepreneur
The internet, computers, factories, and Technology are all...
Capital Goods
Human Capital
Natural Resources
Entrepreneurship
Literacy, Education and special skills are examples of...
Capital Goods
Human Capital
Natural Resources
Entrepreneurship
If a country has old technology and factories, this is a problem with...
Capital Goods
Human Capital
Natural Resources
Entrepreneurship
If a country is lacking water and arable land, this is a problem with
Capital Goods
Human Capital
Natural Resources
Entrepreneurship
If a country has a poor education system and healthcare, this is a problem with
Capital Goods
Human Capital
Natural Resources
Entrepreneurship
Factors of production are the resources used by a business to make its product.
true
false
Maryam owns a bookshop in Dubai. There are three workers and two photocopying machines in the bookshop. The LAND in this example is...
three workers
two photocopying machines
Dubai
A herd of cattle is an example of ...
Natural Resources
Labor
Entrepreneur
Capital
