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S3 Factors of Production

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

Which of the following factors of production is an example of capital?

a)

Tractors

b)

Fields

c)

Farmers

d)

Suppliers

2.

In factors of production, what do we mean by enterprise?

a)

Purchasing land for a business

b)

An idea of how to use the land, labour and capital to make a profit.

c)

Having lots of wealth to start your own company

d)

Being a managing director of a major business

3.

How many factors of production are there?

a)

Four

b)

Five

c)

Six

d)

Seven

4.

The factors of production are

a)

Land, Labour, Capital and Entertainment

b)

Conservative, Labour, Liberal and Green

c)

Land, Labour, Capital and Enterprise

d)

Primary, Secondary, Tertiary and Quandary

5.

Which of the following are resources of enterprise?

a)

Land, Sea, Air, Space

b)

Elon Musk, Richard Branson, Kylie Jenner, Coco Chanel

c)

Machinery, Computers, Trucks, Factories

d)

France, Italy, Germany, Spain

6.

The natural resources such as water, air and plants are examples of what?

a)

Labour

b)

Capital

c)

Enterprise

d)

Land

7.

Which of the following will help you remember the four factors of production?

a)
b)
c)
d)
8.

What skills are associated with being a entrepreneur

a)

Friendly, nice, helpful, funny

b)

Confidence, problem-solving, financial planning, interpersonal

c)

Rich, powerful, respected, clever

d)

Smart, motivated, energetic, greedy

9.

Match the factor to the example - mining

a)

land

b)

labour

c)

capital

d)

enterprise

10.

Match the factor to the example - employees

a)

land

b)

labour

c)

capital

d)

enterprise

11.

Match the factor to the example - stapler

a)

land

b)

labour

c)

capital

d)

enterprise

12.

Match the factor to the example - manager

a)

land

b)

labour

c)

capital

d)

enterprise

13.

Match the factor to the example - Sir Alan Sugar

a)

land

b)

labour

c)

capital

d)

enterprise

14.
Forests are examples of...
a)

Land

b)

Labour

c)

Entrepreneurs

d)

Capital

15.

Which is an example of a natural resource?

a)

Water

b)

Construction worker

c)

Oven

d)

Spoon