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S3 Business Business in Action

Total questions: 10

Worksheet time: 10mins

Name
Class
Date
1.

Which of the following is not a factor of production?

a)

Enterprise

b)

Land

c)

Labour

d)

Needs

2.

Which of the following is not a need?

a)

Water

b)

Designer Clothing

c)

Food

d)

Shelter

3.

Which of the following is an example of a want?

a)

Shelter

b)

Food

c)

Chocolate

d)

Water

4.

Briefly describe what a need is. Remember to write in sentences.

4 lines
5.

Briefly describe what a want is. Remember to write in sentences.

4 lines
6.

Which of the following is not an example of a service?

a)

Holiday

b)

Haircut

c)

Pot noodle

d)

Banking

7.

Which of the following is not an example of a good?

a)

Nike trainers

b)

Washing machine

c)

Education

d)

iPad

8.

True or False - Tangible means something that can be seen and physically touched?

a)

True

b)

False

9.

True or False - Intangible means something that cannot be seen or physically touched?

a)

True

b)

False

10.

If something can be used more than once for its intended purpose, is it durable or non-durable? Select the correct answer.

a)

Durable

b)

Non-durable