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Production Process

Total questions: 11

Worksheet time: 7mins

Name
Class
Date
1.

Which of the following best describes gross domestic product?

a)

The growth in the number of goods and services bought over a period of time

b)

The value of good and services bought over a period of time

c)

The number of goods and services produced over a period of time

d)

The value of goods and services produced over a period of time

2.
Economic growth can be measured by
a)
a)     The CPI
b)
b)     The CBI
c)
c)     GDP
d)
d)     MPC
3.
Economic growth measures the
a)
a)     Growth of productivity
b)
b)     Increase in nominal income
c)
c)     Increase in output
d)
d)     None of the above
4.

Iron, minerals, coal and plants are examples of which productive resource?

a)

Land

b)

Labour

c)

Entrepreneurship

d)

Capital

5.

3 types of tertiary jobs

a)

banker,teachers,doctor

b)

doctor,teacher,steel making

c)

fishing,hunting,astronaut

6.

insurance is an example of

a)

primary sector

b)

agriculture

c)

tertiary sector

7.

agriculture would be an example of

a)

secondary sector

b)

tertiary sector

c)

primary sector

8.

Q. 

........................ are the finished products or services at the end of the production process

a)

production department

b)

Inputs

c)

Added value

d)

Outputs

9.

Q. 

........................ are the resources needed to begin the production process

a)

production department

b)

Inputs

c)

Added value

d)

Outputs

10.

The .................................... makes products and services which satisfy the needs and wants of customers.

a)

production department

b)

Outputs

c)

Inputs

d)

Added value

11.

Which will most likely result in a increase in productivity?

a)

Investing in up to date machinery

b)

Reducing the number of skilled workers

c)

Employing unskilled production line workers

d)

Cutting back on the amount of staff being trained